Property Management
A Georgia property manager who fails to maintain proper trust accounting records may face:
AOnly a verbal warning from GREC
BLicense suspension, revocation, and potential criminal charges✓ Correct
CA small administrative fine only
DNo consequences unless a complaint is filed
Explanation
Failure to maintain proper trust accounts is a serious violation of GREC rules and state law. It can result in license suspension or revocation and potentially criminal charges for conversion of client funds.
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