Property Management
An Oklahoma property manager who misappropriates funds from the owner's trust account for personal use has committed:
AA minor accounting irregularity
BEmbezzlement (conversion of funds), which is a criminal offense and a serious OREC violation; the manager faces criminal prosecution and permanent loss of their license✓ Correct
COnly a civil breach of contract
DA violation that only OREC can address
Explanation
Misappropriating trust funds is embezzlement — a crime in Oklahoma. The property manager faces criminal prosecution, civil liability to the owner, and OREC disciplinary action including permanent revocation of their real estate license.
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