Explain what an IOLTA is.
What will be an ideal response?
IOLTA stands for Interest on Lawyers' Trust Account. An IOLTA account is an interest-bearing account set up specifically to hold trust funds. The interest that accrues on an IOLTA is given by the financial institution to a state bar foundation or other nonprofit legal organization for the good of the public.?
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Every year, _________ people are arrested on criminal charges.
A. ?more than 10 million B. ?about 5,000 C. ?about 5 million D. ?more than 20 million
There is no commercial equivalent to the Uniform Residential Landlord and Tenant Act.
Answer the following statement true (T) or false (F)
Interrogatories are to be answered under ________
Fill in the blank(s) with correct word
All real estate developments have common issues. Which of the following is typically not one of them?
A. Finding tenants to occupy the developed land B. Finding suitable property for development C. Arranging for needed financing of the development D. Obtaining needed government approvals for the development