Common use of XXXXXXX MONEY/DEPOSITS Clause in Contracts

XXXXXXX MONEY/DEPOSITS. Associate-Licensee acknowledges and understands that Xxxxxx does not maintain a trust fund and that all xxxxxxx money deposits received by clients must be made payable and deposited immediately to escrow and reported to Broker. Associate-Licensee shall not ever receive funds from clients in its personal name nor receive any cash payments from clients. All trust funds shall be handled in compliance with the Business and Professions Code, and other applicable laws.

XXXXXXX MONEY/DEPOSITS. Associate-Licensee acknowledges and understands that Xxxxxx Broker does not maintain a trust fund account, and that all xxxxxxx money deposits received by from clients must be made payable and deposited immediately to escrow escrow, and reported to Brokerbroker. Associate-Licensee shall not ever never receive funds from clients in its personal name name, nor receive any cash payments from clients. All trust funds shall be handled in compliance with the Business and Professions Code, and other applicable laws.

XXXXXXX MONEY/DEPOSITS. Associate-Licensee acknowledges and understands that Xxxxxx Broker does not maintain a trust fund and that all xxxxxxx money deposits received by clients must be made payable and deposited immediately to escrow and reported to Broker. Associate-Licensee shall not ever receive funds from clients in its personal name nor receive any cash payments from clients. All trust funds shall be handled in compliance with the Business and Professions Code, and other applicable laws.

XXXXXXX MONEY/DEPOSITS. Associate-Licensee acknowledges and understands that Xxxxxx does not maintain a trust fund account and that all xxxxxxx money deposits received by clients must be made payable and deposited immediately to escrow and reported to Broker. Associate-Licensee shall not ever not, under no circumstances, receive funds from clients in its their personal name nor receive any cash payments from clients. All trust funds shall be handled in compliance with the Business and Professions Code, and other applicable laws.