California Real Estate Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Study for the California Real Estate Exam. Engage with multiple choice questions and detailed explanations to sharpen your knowledge. Get ready to ace your real estate career!

Start Multiple Choice Practice Test
Start Flash Cards

Practice this question and more.

What is the term used to describe the depositing of a client's funds into the broker's personal or business account?

  1. commingling

  2. depositing

  3. transferring

  4. integrating

The correct answer is: commingling

Commingling refers to the unethical practice of mixing a client's funds with the broker's personal or business funds. This is a violation of a broker's legal and ethical obligations to keep their clients' funds separate from their own. Depositing, transferring, and integrating do not accurately describe this practice and may be confused with legitimate actions taken by a broker.

More Questions Like This