Agency
In Louisiana, the broker's trust account must be used to hold:
AThe broker's commission upon receipt
BClient funds — earnest money, security deposits, and other funds belonging to clients — separate from operating funds✓ Correct
CFunds for the broker's office expenses
DThe broker's personal savings
Explanation
The trust account is strictly for client funds — earnest money deposits, security deposits, rent collected, and other funds belonging to clients or third parties. Broker commissions and operating funds must never be commingled in the trust account.
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