Question

If a friend asks you to help manage a property for a fee, would you put the deposits into your escrow account or your employing broker's escrow account?

Answer 1

Answer:

B.

Explanation:

Based on the information provided within the question it can be said that in a situation like this you would deposit the fee into your employing broker's escrow account. This is mainly because brokers do not have escrow accounts, only the employing brokers have escrow accounts. Therefore the only actual option would be to deposit into the employing brokers escrow account.