Regardless of how money is "managed," records of the trust must be kept.
These are questions that the above text answers:
1. What is the requirement for keeping records of a real estate trust?
2. What is the importance of recordkeeping in real estate trust management?
3. Are there any exceptions to the requirement of keeping records for a real estate trust?
4. Can real estate trust records be managed in different ways?
5. What is the purpose of keeping records for a real estate trust?
6. Are there any specific guidelines or regulations for real estate trust recordkeeping?
7. How does recordkeeping contribute to the overall management of a real estate trust?
8. What happens if records of a real estate trust are not properly maintained?
9. Is there a specific format or system for keeping records of a real estate trust?