Question

What is the term used to describe companies offering such as brokerage, appraisals and property management?

Answer 1

Ans = Fiduciaries is the appropriate term we use to describe companies offering brokerage, appraisals and property management. Fiduciaries are also known as the trustee.

- A fiduciary is an individual or association that follows up in the interest of someone else or people to oversee resources. Basically, a guardian owes to that other entity the obligations of sincere trust. The most noteworthy lawful obligation of one gathering to another, being a trustee requires being bound morally to act in the other's eventual benefits.

- A trustee may be answerable for general prosperity, yet regularly the errand includes accounts—dealing with the benefits of someone else, or of a gathering of individuals, for instance. bankers, brokerage firms, money advisors and board of directors all have trustee obligation