Florida Real Estate Exam Prep 15, Escrow Deposits and Delivery Deadlines

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - A sales associate must deliver an escrow deposit to their broker by the end of the next business day. - A broker has until the end of the third business day, from when the sales associate first received it, to deposit the funds. - The three-day deposit clock for the broker starts upon the sales associate's receipt, not the broker's. - Business days for escrow deadlines exclude weekends and legal holidays, a frequent exam trap. - Accepting a postdated check as a deposit requires the seller's prior written consent. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep