Thread: Security Deposits Trust Accounts
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Old 05-31-2012, 04:29 PM   #4
photon
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Join Date: Oct 2001
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Originally Posted by Smartcar View Post
It can be a regular interest-bearing savings account (just make sure it gives interest at least 1-yr GIC rate less 3%), and you can use one account for all your tenants.


http://www.servicealberta.gov.ab.ca/1142.cfm

Thanks! Yeah the whole time I was reading what you quoted I'm thinking "you keep saying trust account, but you haven't defined trust account".
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