Agent

Real estate tip: Buyer beware of commingling

What does my real estate broker do with my down-payment check?
Published on Mar 2, 2004

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by CareyBot

Your broker should deposit your check in a trust account. If your broker places the check in a personal account, they’re guilty of commingling–which is when funds held in trust are mixed with other funds–even if they weren’t trying to ...

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