Separation of Owner’s Monies. Trust Funds: Deposit all receipts collected for Owner, less any sums properly deducted or disbursed in a financial institution whose deposits are insured by an agency of the United States government. The funds shall be held in Trust Accounts. Agent has two Trust Accounts;
Appears in 4 contracts
Samples: Property Management Agreement, Property Management Agreement, Property Management Agreement
Separation of Owner’s Monies. Trust Funds: Deposit all receipts collected for Owner, less any sums properly deducted or disbursed in a financial institution whose deposits are insured by an agency of the United States government. The funds shall be held in a Trust Account separate from Agent’s own Operating Accounts. Agent has two Trust Accounts;:
Appears in 1 contract
Samples: Management Agreement
