Trust Funds and Mortgage Payments: A Secure Investment Strategy

Trust Funds and Mortgage Payments: A Secure Investment Strategy somebody

Money held in a "trust fund" is for the benefit of the person it belongs to, and can only be used for them. This means that it is okay for the broker to use the money to make "mortgage payments" for the owners of the properties they manage.


These are questions that the above text answers:

1. What is the purpose of a trust fund in real estate?
2. Can a broker use money from a trust fund for purposes other than the benefit of the owner?
3. What are the responsibilities of a real estate broker?
4. Can a broker use money from a trust fund to make mortgage payments?
5. Who does the money in a trust fund belong to?
6. What is the role of a real estate broker?
7. Is it permissible for a broker to use trust fund money for their own benefit?
8. What is the purpose of making mortgage payments in real estate?
9. Can a broker use trust fund money for personal expenses?
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