Property Management
A property manager who fails to properly maintain licensed trust accounts in Hawaii may face:
AOnly a verbal warning from the Commission
BDisciplinary action by the Real Estate Commission, including license suspension or revocation✓ Correct
COnly civil liability to the owner
DNo penalty, as trust accounts are voluntary
Explanation
Improper handling of trust accounts is a serious violation in Hawaii. The Real Estate Commission may impose disciplinary sanctions including fines, license suspension, or revocation against licensees who fail to maintain proper trust account records.
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