Handling Clients' Money Flashcards by Rachel Clarke

Q

What re the three main areas of good practice of the RICS Members Account Regulations Help Sheet?

A

Obligation to keep client accounts
Obligation to keep accurate records.
Reporting obligations

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Q

What word must be included on the bank account and cheque book?

A

‘Client’

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Q

How many working days of receipt must monies be paid in?

A

3

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