Property Management
An Oklahoma property manager who also owns personal rental properties should:
AUse the same trust account for all properties
BKeep their personal rental income strictly separate from managed client funds, avoiding any appearance of commingling✓ Correct
CDisclose their personal properties only if asked by the owner
DManage their personal properties through the same brokerage trust account
Explanation
Property managers must maintain strict separation between client trust funds and personal funds. Using the same accounts for personal investments and client properties constitutes commingling, which is a serious OREC violation and breach of fiduciary duty.
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