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Updated over 2 years ago on . Most recent reply

Kimberly L Smith's profile image
Kimberly L Smith's profile image
Kimberly L Smith
  • Member since Aug 18, 2022
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Kimberly L Smith's profile image
Kimberly L Smith's profile image
Kimberly L Smith
  • Member since Aug 18, 2022
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Kimberly L Smith
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Starting Out

Limited Broker/Trust Account

Kimberly L Smith
Posted

I will be applying for a limited brokers license in MN and will be purchasing single family homes for rental properties. On the limited brokers application is asks for a trust account information. 

Do I need a trust account for security deposits?

If yes, how do I set up a trust bank account?

Thank you in advance. 

Minneapolis, Minnesota
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