GA RE Broker Practice Questions - Georgia Real Estate Broker Exam

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A Georgia broker maintains personal funds in the trust account to cover bank service charges. What is the maximum amount of personal funds allowed?

No personal funds are ever permitted A minimal amount to keep the account open, not exceeding $100 Up to $500 for administrative purposes Up to $1,000 as a reserve

Correct Answer:

A minimal amount to keep the account open, not exceeding $100

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