Escrow & Title
In Florida, when a broker is faced with an escrow dispute and cannot determine the rightful owner of the funds, which of the following is NOT an acceptable resolution method?
AMediation
BArbitration
CInterpleader action filed in court
DUnilaterally disbursing the funds to the party who demands them most forcefully✓ Correct
Explanation
Florida law (Rule 61J2-10.032) requires brokers facing escrow disputes to use one of four settlement procedures: mediation, arbitration, interpleader (paying funds into court), or FREC's escrow disbursement order. Unilaterally disbursing funds without a proper resolution process exposes the broker to license discipline and liability.
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