DRE & Licensing
What is 'commingling' of funds in real estate?
APooling client funds together in a single trust account
BMixing client trust funds with the broker's personal or operating funds✓ Correct
CTransferring funds between two trust accounts
DUsing one bank for all real estate transactions
Explanation
Commingling occurs when a broker mixes client trust funds with their own personal or business operating funds. This is strictly prohibited under California law and can result in license revocation.
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