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What trust accounts are permitted by the NM Real Estate Commission? Explain how each account is established and the purpose of each account. Identify the

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What trust accounts are permitted by the NM Real Estate Commission? Explain how each account is established and the purpose of each account. Identify the Trust Accounts that can be interest bearing. What is considered "Wrongful Deposits?" What is considered "Wrongful Disbursements?" What is Commingling?" Give examples and describe the exceptions to Commingling Identify the additional requirements for a licensee (both Qualifying Broker and Associate Broker to be in property management)

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