Property Management
A property manager in Indiana who collects rents on behalf of an owner must:
ABe a licensed real estate broker
BMaintain all funds in a trust account separate from personal funds
CProvide monthly certified financial statements
DBoth be a licensed broker and maintain a trust account✓ Correct
Explanation
Property managers who collect rents or manage real property for others in Indiana must hold a real estate broker license AND maintain client funds in a separate trust account to prevent commingling.
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