Real Estate Brokerage and Agency: All money received by the broker that belongs to another party must be deposited in a ____, called an ______, maintained by the broker as a depository for funds unless otherwise agreed to in writing.

Question

All money received by the broker that belongs to another party must be deposited in a ____, called an ______, maintained by the broker as a depository for funds unless otherwise agreed to in writing.

Ariaun Stewart · Accepted Answer

fiduciary bank account.....escrow account

Real Estate Brokerage and Agency

All money received by the broker that belongs to another party must be deposited in a , called an __, maintained by the broker as a depository for funds unless otherwise agreed to in writing.

Fiduciary bank account.....escrow account

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