New Hampshire License Law
A New Hampshire broker who holds client funds in their trust account and uses those funds for personal expenses has committed:
APuffing
BCommingling and conversion✓ Correct
CUnauthorized practice of law
DA violation of RESPA only
Explanation
Using client trust funds for personal expenses is both commingling (mixing client and personal funds) and conversion (misappropriation of client funds) — serious violations that can result in license revocation and criminal charges.
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