What may not be paid from the trust account funds?

Trust accounts in real estate are designed to hold funds that belong to clients or customers, ensuring that these funds are managed appropriately and ethically. The fundamental purpose of a trust account is to safeguard clients’ money until it is due to be disbursed, typically for transaction-related purposes.

Office supplies for the broker are considered operating expenses and do not pertain to the funds held in trust for clients. Using trust account funds for such expenses would violate the fiduciary duty the broker has toward their clients, as it is not related to the clients' transactions.

Salesperson commissions, although they may eventually come from clients' transactions, should not be paid directly from the trust account until the final closing occurs and all conditions are met. Commissions are typically derived from the closing proceeds and thus should be taken from the broker’s operating account once the transaction has finalized.

Costs related to property management may include various expenses, but they too must be handled through appropriate channels. Using trust account funds for property management expenses would not comply with the regulations governing trust accounts, as these funds are meant for client-specific transactions rather than general operating expenses.

Therefore, the answer that reflects what may not be paid from the trust account funds encompasses all these scenarios, affirming that trust accounts should