Which of the Following Is Not Exempt from the Escrow

question 8

Multiple Choice

Which of the following is not exempt from the escrow licensing law?

• A) trust companies
• B) escrow companies
• C) title insurance companies
• D) real estate brokers when acting as an agent in the transaction

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Definitions:

Quarterly

Pertaining to a three-month period or occurring every three months, often used in the context of financial reporting and dividend payments.

Compounded Quarterly

The process of calculating interest and adding it to the account balance four times a year, resulting in exponential growth.

Semi-Annually

Pertaining to an event or calculation that occurs twice a year or every six months.