Arizona License Law
In Arizona, a broker who receives an earnest money check must deposit it in the trust account within:
A24 hours
B3 business days
C5 business days
DThe end of the next business day following acceptance of the contract✓ Correct
Explanation
Arizona requires that earnest money and other trust funds be deposited in the trust account by the end of the next business day after contract acceptance, unless the parties have agreed in writing to hold the check.
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