Property Management
A Florida commercial property manager must keep management trust funds in a:
APersonal account to ensure immediate access
BSeparate property management trust account maintained in a Florida financial institution✓ Correct
CMoney market fund in the manager's name
DBrokerage operating account for easier accounting
Explanation
Commercial property management funds held on behalf of owners must be maintained in separate, dedicated trust accounts at a Florida financial institution. Commingling client funds with personal or operating funds is prohibited.
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