Escrow & Title
In Ohio, earnest money deposited in a broker's trust account and later disputed between buyer and seller should be:
AAutomatically returned to the buyer
BRetained in the trust account until released by court order or mutual written agreement✓ Correct
CGiven to the listing broker as a fee
DForwarded to ODREPL for safekeeping
Explanation
When earnest money is disputed, the broker must retain it in the trust account until there is a court order or mutual written agreement from all parties directing its disposition.
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