Yes, a DTAH can have any number of trust accounts necessary to operate its business. TrustFunds is designed to direct earnest money payments from buyers to the correct trust account based on the management of the trust accounts. For example, a DTAH may have two trust accounts if licensed in two states; one trust account for transactions in one state and another trust account for transactions in another state. In addition, a DTAH may have different trust accounts for each office.
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Articles in this section
- DTAH - Broker or Title Company - Can TrustFunds provide training for my office admins and/or agents?
- DTAH - Who is a Designated Trust Account Holder (``DTAH``)?
- DTAH - Broker - Are brokers required to register their company, in order for their agents to use TrustFunds?
- DTAH - Broker - Title - Can a refund be processed via TrustFunds?
- DTAH - How soon can I use TrustFunds after submitting my application?
- DTAH - How does a DTAH reconcile deposits to their trust account?
- DTAH - Does TrustFunds receive or hold the earnest money payment?
- DTAH - How long does a DTAH have access to transaction data in TrustFunds?
- DTAH - Can a DTAH set up more than one trust account?
- DTAH - If a DTAH has more than one office, does it need to register each office?