Oregon License Law
Under Oregon law, trust account funds belonging to clients must be deposited within:
A24 hours of receipt
B3 banking days of receipt✓ Correct
C5 banking days of receipt
D10 calendar days of receipt
Explanation
Oregon law requires that real estate brokers deposit client funds into a trust account within 3 banking days of receipt. Failure to properly maintain trust accounts is a serious violation that can result in license revocation.
Related Oregon Oregon License Law Questions
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