Final answer:
Maria, as a qualifying broker who established a new trust account, must notify the commission within 20 days in accordance with the regulations of her jurisdiction. This rule helps ensure legal compliance and proper handling of trust accounts in the real estate industry. The correct option is c) 20 days.
Step-by-step explanation:
The question pertains to rules and regulations regarding the establishment of a new trust account by a qualifying broker. Various jurisdictions may have different requirements, but generally, there is a set period within which a broker must notify the commission about the creation of a new trust account. It is essential for professionals in the real estate industry, such as Maria, to adhere to these regulations to maintain compliance with legal standards.
Depending on the state's law where Maria operates, she will have a certain number of days to notify the commission that she has established a new trust account. In many jurisdictions, this period may be around 10 to 30 days. Since this is a multiple-choice question, the correct choice from the given options must be selected based on the specific regulations in Maria's area of operation. If we assume the provided options pertain to Maria's jurisdiction, then Maria must notify the commission within c) 20 days. This duration allows the governing body to keep an updated record of trust accounts and ensures that trust funds are being handled correctly in accordance with the law. It's crucial for brokers to report within this period to avoid potential penalties or legal issues.