News & Information: Risk Management Tips

Risk Management - Personal Use of Escrow Funds

Friday, January 25, 2013  
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»Using escrow funds for personal use is a FREC violation.

Agents can lose their licenses if found guilty of this offense.

Risk Management Tips of the Week are provided by the ORRA Risk Management Subcommittee as a service to ORRA members. The tips are not a substitute for individual legal consultation. Tips should not be relied upon in specific situations without consulting a real estate attorney.

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