California Real Estate Practice Exam

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Master the California Real Estate Exam with our comprehensive practice quiz. Get expert tips, detailed content review, and insider strategies to pass on your first try.

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What is the term used to describe the depositing of a client's funds into the broker's personal or business account?

commingling
depositing
transferring
integrating

The correct answer is: commingling

Commingling refers to the unethical practice of mixing a client's funds with the broker's personal or business funds. This is a violation of a broker's legal and ethical obligations to keep their clients' funds separate from their own. Depositing, transferring, and integrating do not accurately describe this practice and may be confused with legitimate actions taken by a broker.