Agency
In Florida, who is responsible for managing the brokerage's trust accounts and ensuring proper escrow management?
AEach sales associate individually
BThe registered broker✓ Correct
CThe FREC investigator
DThe transaction coordinator
Explanation
Under Florida law, the registered broker is personally responsible for managing the brokerage's trust/escrow accounts and ensuring that all deposits are properly handled, reconciled, and held in compliance with Chapter 475 F.S.
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