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trust account

Attorneys and estate agents are both obliged by their governing bodies to run separate bank accounts as trust accounts into which they deposit monies which are being held in trust for people until the occurrence of a certain event. Both associations have created a guarantee system to protect members of the public against the misappropriation of their funds by the relevant attorney or estate agent.


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trust account - Attorneys and estate agents are both obliged by their governing bodies to...


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