Ohio License Law
Under ORC 4735, what is 'commingling of funds' and what penalty does Ohio impose?
AA minor accounting error with a warning
BMixing client escrow funds with broker funds; grounds for license revocation and potentially criminal charges✓ Correct
CA required banking practice
DAn inadvertent error with no penalty
Explanation
Commingling is the mixing of client funds (earnest money, security deposits) with a broker's personal or operating accounts. In Ohio, this is a serious violation that can result in license suspension or revocation and may constitute theft.
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