California Real Estate Practice Exam 2026 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 740

What should a sales person do with a deposit check received as part of an offer on a house?

Deposit it into their personal account

Return it to the buyer

Give the check to their broker immediately

A Depositing the check into a personal account could be seen as unethical and potentially cause issues with accounting and taxes.

B: Returning the check to the buyer without consulting the broker could result in the loss of the sale and damage the buyer-seller relationship.

D: Holding onto the check until the sale is finalized could also be seen as unethical and potentially cause issues with accounting and taxes. It is best practice to consult with the broker and follow their instructions for handling the deposit check.

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Hold onto it until the sale is finalized

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