In this case study, the agent failed to make a timely deposit of the escrow funds. Despite having signed an acknowledgment of the Broker’s Policy and Procedure Manual, the agent still failed to input the contract and timely deposit the funds. Nevertheless, because of these policies and procedures, the Principal Broker was still able to discover the error and report the escrow violation to DPOR, ensuring that she properly supervised the agents in the firm.

As a property manager, there are a number of letters or notices that you can send if a tenant isn’t complying with the lease. Read summaries about the five most commonly used lease violation notices.

This case study highlights the importance of performing licensed activities under a licensed business entity and exercising ordinary care in your management of properties.

This case highlights the importance of delivering documents to your clients, whether they have been requested or not.