Property Management
A Washington property manager who manages properties for multiple owners must keep each owner's funds:
AIn a single pooled trust account with separate accounting records for each owner✓ Correct
BIn separate bank accounts for each owner
CIn the manager's operating account temporarily
DInvested in CDs for each owner's benefit
Explanation
Washington property managers may maintain a single pooled trust account for all owner funds as long as they maintain separate accounting records for each individual owner. Commingling within the trust is acceptable if records are maintained.
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