Escrow & Title
A Delaware broker holds earnest money in the brokerage trust account. When may the broker disburse this money without all parties' consent?
AWhen the listing expires
BPursuant to a written agreement of all parties or a court order✓ Correct
CAfter 30 days if no party claims it
DWhen the seller demands it after buyer default
Explanation
Earnest money held in escrow may only be disbursed pursuant to the written agreement of all parties or pursuant to a court order. Unilateral disbursement based on one party's claim may expose the broker to liability.
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