California Real Estate Practice Exam

Question: 1 / 740

What is the most desirable form of deposit from a seller's point of view?

a personal check

a cashier's check

an immediately negotiable check

A seller's most desirable form of deposit would be an immediately negotiable check because it guarantees that the funds are immediately available and can be deposited right away without any further wait or risk of the check bouncing. Personal checks and cashier's checks may have a hold period before the funds can be accessed, and a wire transfer can often have higher fees and may require additional time for processing, making them less convenient for the seller.

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a wire transfer

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