Madison, WI : University of Wisconsin Law School, 2004
Physical Details
vii, 87 pages : illustrations, forms ; 26 cm
OCLC
ocm56496185
"In cooperation with Wisconsin Department of Regulation and Licensing, Wisconsin Realtors Association."
Includes index and appendices.
Introduction -- What are trust funds -- Account requirements -- Handling trust deposits and disbursements -- Disbursing earnest money -- Property management trust funds -- Bookkeping system -- The cash journal -- The ledger -- Steps 3, 4, and 5 : account reconciliation, trial balance, and Sample reconsiliation and trial balance -- Computerized trust accounting -- Trust account problem areas for the broker -- Who is responsible for handling trust account funds -- Retaining trust account records -- A review of the legal requirements for trust accounts -- Appendix A. Trust account registration form -- Appendix B. WB-45 cancellation agreement and mutual release -- Appendix C. Wis. Stat. ss 452.13 -- Appendix D. Wis. Adm. Rules (Chs. 15 and 18) -- Appendix E. WB-11 standard offer to purchase