Escrow & Title
A Vermont broker who commingles client trust funds with their own operating account is:
AActing within normal business practice
BViolating Vermont license law and subject to disciplinary action✓ Correct
CPermitted if the amounts are small
DRequired to do so for tax purposes
Explanation
Commingling — mixing client trust funds with personal or business operating funds — is a serious violation of Vermont real estate license law. Licensees must maintain separate trust accounts for client funds.
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