Which of the following statements regarding an Indiana real estate trust/escrow account is true ?
A. All trust/escrow accounts must be non-interest bearing.
B. A principal broker may have only one trust/escrow account.
C. Each branch office must have a separate trust/escrow account.
D. The licensing agency may inspect the account records at any time.
The commission, the licensing agency, and state investigators have the authority to investigate the records.
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Added: 9/16/2008
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Indiana Specific Broker Real Estate Exam.

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