What should a broker do when they don't know what to do with an escrow?

• A. Notify FREC in writing
• B. Withdraw funds
• C. Ignore
• D. File a court action

Answer: (A)

Escrow funds are held as a fiduciary duty, so when a broker isn’t sure how to proceed, the proper move is to notify the Florida Real Estate Commission in writing. This gives official guidance on how the funds should be handled according to law and rules, and it creates a documented record of the situation, helping protect the broker from missteps or liability. Taking action like withdrawing funds, ignoring the issue, or rushing to court without direction could violate escrow requirements and expose the broker to disciplinary or legal consequences. Getting written guidance from FREC ensures you follow the proper procedure and resolve the issue in line with regulatory expectations.