Contracts
What is an interpleader action in Ohio real estate?
AA mediation procedure
BA court action by a broker to deposit disputed escrow funds with the court and let the court decide their disposition✓ Correct
CAn action between two competing brokers
DA court action to enforce a contract
Explanation
When earnest money is disputed between buyer and seller, an Ohio broker can file an interpleader action, depositing the funds with the court and having the court determine who is entitled to receive them. This protects the broker from liability.
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