California Real Estate Practice Exam

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Study for the California Real Estate Exam with confidence. Engage with interactive questions designed to enhance your understanding of real estate principles, laws, and practices. Prepare thoroughly for your licensing test and ensure you have the knowledge to succeed in your real estate career!

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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.