2 years ago

Designated Broker Ron wants to open a separate escrow account for each transaction he is involved in. Is this legal?

Business

1 answer:

Natasha2012 [34]2 years ago

8 0

Answer:

Yes it is legal.

Explanation:

Escrow accounts are account in which funds are accumulated for specific disbursements. According to my research on the different requirements and limits on escrow accounts, I can say that based on the information provided within the question what Ron is trying to do is completely legal. This is because there is no legal limit on the number of escrow accounts a broker can have.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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