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Question # 44

What must an agent do when receiving an earnest money deposit from a buyer?

Options:

A.

Deposit it into the broker’s escrow account promptly

B.

Place it in their personal checking account

C.

Hold it until closing in cash

D.

Return it directly to the seller

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Real Estate Licensing Overview

Name Real Estate Licensing
Code Real Estate Licensing
Vendor Professional
Certification State Licensing Boards

Real Estate Licensing Questions