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All Things
Earnest Money
Escrow Account
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Client funds insured up to $250,000
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Keeps money separated
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Accessible by Qualifying Broker for Real Estate Transaction
Trust Funds
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All funds must be deposited into a Trust Account (Earnest money, security deposits, rent payments, etc.)
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Cash to be deposited IMMEDIATELY
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Checks deposited by Qualifying Broker when an offer becomes a contract
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Disbursing funds
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