Commingling
The illegal act by a real estate broker of placing client or customer funds with personal funds. By law brokers are required to maintain a separate trust or escrow account for other parties’ funds held temporarily by the broker.
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Real Estate Glossary
Definitions of Common Real Estate Terms
The illegal act by a real estate broker of placing client or customer funds with personal funds. By law brokers are required to maintain a separate trust or escrow account for other parties’ funds held temporarily by the broker.