Property Management, Tenant Selection, Real Estate News & Tips

Tag: trust accounts

Rentec Direct Recognized as Trust Account Compliant Software

By on December 28, 2015 in News with 0 Comments
Rentec Direct Recognized as Trust Account Compliant Software

The North Carolina Real Estate Commission recently evaluated Rentec Direct’s property management software and verified the program’s compliance with the provisions of the Commission’s Rules and Trust Account Guidelines.  This certification provides property managers with additional confidence when using Rentec Direct’s management software to comply with trust accounting guidelines and requirements. Accurate accounting is a […]

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Attention Property Managers! What Are Trust Accounts?

By on February 19, 2015 in Education with 2 Comments
Attention Property Managers! What Are Trust Accounts?

One of the biggest red flags during a property management company audit involves improper handling of trust funds.  In order to properly (and legally) handle owner and tenant funds, a property manager must understand the basic principles of trust accounting. Trust accounting regulations for property managers are state specific, so it is very important you […]

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