Final answer:
A broker typically has three business days to deposit a client's earnest money into the broker's trust account.
Step-by-step explanation:
A broker typically has three business days to deposit a client's earnest money into the broker's trust account.
For example, if the client provides the earnest money on a Monday, the broker would need to deposit it by Thursday.
This timeframe is usually governed by state regulations and is important to ensure the security and proper handling of the client's funds.