Property Management
A Nevada property manager collects rents and must:
ADeposit funds into the broker's business operating account
BHold client funds in a separate trust account and account to the owner monthly✓ Correct
CReinvest all rents in property improvements without owner approval
DHold funds for 30 days before disbursing
Explanation
Nevada's NRS 645 requires brokers and property managers to hold client funds in separate trust accounts and provide owners with regular (typically monthly) accounting of all income and disbursements.
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