State licensing laws prescribe behavioral requirements with which licensees must comply to keep their licenses. Licensing laws generally seek to prevent brokers from partaking in all of the following activities EXCEPT:
A) Handling money in trust for clients
B) Taking kickbacks without the employer's knowledge
C) Offering the property at terms other than those specified by clients
D) Failure to submit all offers to the client

Question

Quizplus · Accepted Answer

Handling money in trust for clients is a common and acceptable practice for brokers, as long as it is done in accordance with the law and ethical standards. This activity involves managing escrow accounts or holding deposits, which is a standard part of real estate transactions. The other options (B, C, D) are unethical or illegal practices that licensing laws aim to prevent.

State Licensing Laws Prescribe Behavioral Requirements with Which Licensees Must