In real estate what does it mean if your role is to execute trust account management and property management?

A person having those duties is most likely a property manager or leasing agent.





Security deposits are deposited in a trust account. Trust accounting requirements are governed by each state's laws. They must be accurate, reconciled each month, individual ledgers for each unit's security deposit, etc.





To perform property management, they would seek or advertise for tenants, screen tenants, complete leasing paperwork %26amp; handle any further issues, such as needed repairs, damage to the unit, disputes over refunding deposits.