Can brokers commingle funds in North Carolina?

North Carolina's Vacation Rental Act and Timeshare Act impose additional escrow requirements on those transaction types but do not create any exception to the commingling prohibition — if anything, timeshare transactions face stricter fund-handling rules, not more lenient ones.

Buyer permission is legally irrelevant to the commingling prohibition in North Carolina; a client cannot waive a broker's statutory duty to maintain separate trust accounts, and a broker who commingles funds with buyer consent is still subject to full disciplinary action by the NCREC.

Seller permission likewise provides no legal defense to a commingling charge in North Carolina; the rule protects the integrity of the transaction and the public interest broadly, and no single party's consent can override a statutory prohibition enforced by a state licensing board.