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It also instructs on the law s requirement that entrusted funds be deposited into a real estate trust account. IDAHO REAL ESTATE COMMISSION Guideline 15 Revised May 8 2017 ESTABLISHING REAL ESTATE TRUST ACCOUNTS This guideline has been prepared in response to concerns arising from routine audits inspections and office visits in the field that continue to indicate confusion concerning the requirements of establishing and managing a real estate trust account. See Idaho Code 54-2042. Regardless...
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