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Broker James received an order from a court of competent jurisdiction directing the disbursement of the escrow funds. What action should broker James take? Broker
Broker James received an order from a court of competent jurisdiction directing the disbursement of the escrow funds. What action should broker James take?
Broker James must disburse the escrow moneys according to the terms of the order.
Broker James should disburse of the money and keep the remaining as a service fee.
Broker James must send all the money to the state's Real Estate Commission.
Broker Jones must give the money to just the party he represents.
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