Question

Which of the following is not a prohibited escrow-related activity? An escrow agent cannot disburse a real estate broker's commission prior to closing of the escrow. Escrow licensees may not solicit or accept escrow instructions containing any blank to be filled in after signing or initialing.

Answer 1

Answer:

The correct option is  escrow licensees may not solicit or accept escrow instructions containing any blank to be filled in after signing or initialing.

Explanation:

Escrow agreement involves a third party managing funds belonging to two or more parties in a transaction before the funds are disbursed to them.

One of the prohibited escrow related activity is that the agent cannot disburse the commission on real estate to beneficiaries prior to closing the escrow account.