California Real Estate Salesperson

Set · 2026-10

A broker is authorized to hold an offeror's deposit check uncashed before acceptance. What is an important condition under California's deposit-check rules?

Select oneEvery check may be held indefinitely without documentationThe salesperson may treat the check as personal propertyThe applicable written holding instruction or nonnegotiable status and disclosure to the offeree before or when the offer is presentedThe broker may conceal the held-check arrangement from the seller

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2026-10 · 150 practice questions with explanations

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California Real Estate Salesperson

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