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Practice Of Real EstateLicense_lawMEDIUM

A broker must deposit funds in escrow by when in Pennsylvania?

Correct Answer

D) End of business day following receipt

By end of business day following receipt.

Answer Options
A
End of second business day
B
End of third business day
C
End of fifth business day
D
End of business day following receipt
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Related Topics & Key Terms

Related Topics:

trust-account-requirementscommingling-fundsbroker-fiduciary-duties

Key Terms:

escrow deposit deadlinePennsylvania RELRA49 Pa. Code 35.325fiduciary dutyearnest money deposit Pennsylvania
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