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Alberta Real Estate Licensing Exam Practice · Question

Trust money received by an Alberta brokerage must be deposited within:

Trust money must be deposited within 3 banking days under the Rules.

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Question: Trust money received by an Alberta brokerage must be deposited within:

Answer options:

  • 1 banking day ✅ 3 banking days
  • 5 banking days
  • 10 banking days

Correct answer: 3 banking days

Explanation: Trust money must be deposited within 3 banking days under the Rules.

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