Final answer:
The Comparative Market Analysis (CMA) fee should not be placed into the client trust account as it is a service fee earned by the professional, rather than funds to be held for future transactions. Option A
Step-by-step explanation:
The question pertains to client trust accounts which are used by professionals, like attorneys or real estate agents, to hold funds on behalf of their clients. Certain types of funds should be deposited into these accounts, whereas others should not.
According to professional ethics and regulations, client trust accounts should only hold funds that are specifically entrusted to a professional for holding until a particular event or condition is met.
For example, earnest money fees, which are paid to show that a buyer is serious about purchasing property, should be deposited into a client trust account because these are funds that will eventually either be applied to the purchase price or refunded to the buyer based on the fulfillment of a contract.
Closing fees and advance fees, similarly, are funds associated with the execution of a client's transaction and may also be appropriately held in a client trust account.
However, a CMA fee (presumably meaning Comparative Market Analysis fee), which is typically a fee for a service already rendered by a real estate agent or broker, should not be placed into the client trust account.
Such fees are generally earned upon the completion of the service and should not be held or mixed with client funds that are being held for future actions. Option A