Arkansas Real Estate Practice Exam 2026 – Comprehensive Prep Guide

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What action must a broker take when disbursing trust funds without all parties' written agreement?

Seek a court order

Notify all parties in writing immediately

When disbursing trust funds without written agreement, a broker must notify all parties in writing immediately. Seeking a court order or obtaining verbal consent are not sufficient as they do not provide written documentation that all parties have agreed to the disbursement. No action is also not the correct answer as it is the broker's responsibility to ensure all parties are in agreement before disbursing any trust funds.

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Obtain verbal consent from all parties

No action required

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