Practice Of Real EstateTrust AccountsMEDIUM
Which term, form, or authority concept matches this description for disputed earnest money and the clerk-of-court procedure? Choose from the options using this description. Description: The North Carolina waiting period after notice before a broker may attempt to deposit disputed earnest money with the clerk of court.
Correct Answer
B) 90 days under current North Carolina rules
90 days
Answer Options
A
1 year under current North Carolina rulesB
90 days under current North Carolina rulesC
3 banking days under current North Carolina rulesD
10 days under current North Carolina rulesWhy This Is the Correct Answer
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Why the Other Options Are Wrong
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Deep Analysis of This Practice Of Real Estate Question
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Background Knowledge for Practice Of Real Estate
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Related Topics & Key Terms
Key Terms:
90_days_noticecore_rules_and_definitionsdefinitiondifficulty_3disputed_earnest_money_and_clerk_of_courtnc_statenc_trust_account_escrow_requirementsnorth_carolina
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