Real estate tip: Buyer beware of commingling

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 cheat you.

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.