11. Earnest Deposits

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🔊 Listen to Lesson Agents of the brokerage promptly place all cash, checks, or other items received as payment in connection with a real estate transaction, in the care of the designated broker. A.R.S. § 32-2151.01(D) 32-2151.01: Broker requirements; record-keeping requirements; definition D. All licensees shall promptly place all cash, checks, or other items of value received as […]

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