Which of the following would not be classified as owner trust money to be placed in the trust account?

Owner trust money is generally defined as any funds that a broker holds on behalf of clients or customers that are intended for a specific purpose related to transactions in real estate. Earnest money deposits and security deposits from tenants clearly fall under the category of funds that are held in trust for the benefit of clients or customers, as they are meant to secure commitments in real estate transactions.

In contrast, commission paid to the broker is not considered owner trust money. Commissions are compensation for services rendered by the broker, and once earned, they do not belong to the client or customer anymore. They are funds owed to the broker for their role in facilitating a transaction, and thus they do not require the same fiduciary handling as trust money.

Funds received for property maintenance could also be classified as owner trust money, as these funds are typically held in trust until they are used for their intended purpose, such as paying for repairs or other maintenance tasks required for the property. Therefore, the correct identification of commission as not being owner trust money stems from the understanding that it is income to the broker, as opposed to funds being held for another party.