Property Management
A Mississippi property manager may NOT disburse funds from the trust account without:
AThe tenant's permission
BWritten authorization from the property owner or as permitted by the management agreement✓ Correct
CMREC's approval for each disbursement
DA court order
Explanation
A property manager may only disburse funds from the trust account per the owner's written authorization or the management agreement. Unauthorized disbursements would constitute conversion of funds and a violation of MREC rules.
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