Hawaii License Law
What action may the Hawaii Real Estate Commission take against a licensee who commingled client funds with personal funds?
AA. Issue a verbal warning
BB. Suspend or revoke the license and assess fines✓ Correct
CC. Require additional education only
DD. Place the licensee on probation without public record
Explanation
Commingling (mixing client/trust funds with personal funds) is a serious violation of Hawaii license law and real estate ethics. The Commission may suspend or revoke the license, assess monetary fines, and require repayment of commingled funds.
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Key Terms to Know
Math Concepts
State-Specific Concepts
Trust Account RulesLicense Law
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