What can a client's trust account hold?

A client's trust account can hold funds received by the property manager on behalf of the owner. This is because a trust account is specifically designed to safeguard and manage client funds, ensuring that the property manager holds these funds in a fiduciary capacity.

Funds typically placed into this type of account can include rent payments collected from tenants, security deposits, and any other money that the property manager receives while managing the property for the owner. This structure protects the owner's assets by ensuring that the funds are not commingled with the property manager's personal accounts, thereby providing a clear financial distinction.

Funds received solely from tenants or just the interest earned do not fully encompass the purpose of the trust account. Additionally, payments from property sales typically fall outside the realm of what would be held in a trust account for property management. Therefore, the correct choice reflects the broader scope of funds that a property manager can receive on behalf of their client, aligning with the regulatory and functional requirements of property management in Oregon.