Practice Of Real EstateLicense LawEASY
Can brokers commingle funds in Tennessee?
Correct Answer
A) No
Commingling is prohibited.
Answer Options
A
NoB
Yes, under Timeshare ActC
Sometimes, with buyer permissionD
Sometimes, with seller permissionVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
trust-account-requirementsbroker-fiduciary-dutiesreal-estate-escrow-procedures
Key Terms:
comminglingtrust accountescrow accountTennessee TRECTCA §62-13-321
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