If a broker requested the issue an escrow disbursement order but the buy and sell agree to a settlement beforehand, how many days does the broker have to notify the frec of the issue being resolved?

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22-08-2022
Business

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If a broker requested the issue an escrow disbursement order but the buy and sell agree to a settlement beforehand, how many days does the broker have to notify the frec of the issue being resolved?

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pragyavermav1 pragyavermav1 · Answer 1 · 2022-08-28T18:43:31+02:00

The answer is the broker must notify the FREC within 10 business days that the matter will be resolved by the courts. If a broker requests an escrow disbursement order (EDO) and the escrow dispute is either settled or goes to court before the EDO is issued, the broker must notify the FREC within 10 business days.

While a company will pay in coins or cash equivalents, it makes a disbursement. The payments made by means of a legal professional for its clients to 1/3 of events for court dockets, investigation reports, and hospital therapy are examples of disbursements.

A disbursement is a shape of charge from a public or devoted fund. as an alternative, it means a fee made on behalf of a patron to a 3rd celebration for which repayment is subsequently sought from the consumer.

Payment is the agreed value of a service or product. A disbursement is a payment from a committed fund. we're going to cowl the differences between payments and disbursements and how they may be used. we've always discovered a manner to change items: uncooked substances, services, hard work.

Learn more about disbursement here https://brainly.com/question/14123637

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arshikhan8123 arshikhan8123 · Answer 2 · 2022-09-04T19:15:52+02:00

The answer is the broker must notify the FREC within 10 business days that the matter will be resolved by the courts. If a broker requests an escrow disbursement order (EDO) and the escrow dispute is either settled or goes to court before the EDO is issued, the broker must notify the FREC within 10 business days.

While a company will pay in coins or cash equivalents, it makes a disbursement. The payments made by means of a legal professional for its clients to 1/3 of events for court dockets, investigation reports, and hospital therapy are examples of disbursements.

A disbursement is a shape of charge from a public or devoted fund. as an alternative, it means a fee made on behalf of a patron to a 3rd celebration for which repayment is subsequently sought from the consumer.

Payment is the agreed value of a service or product. A disbursement is a payment from a committed fund. we're going to cowl the differences between payments and disbursements and how they may be used. we've always discovered a manner to change items: uncooked substances, services, hard work.

Learn more about disbursement here:- https://brainly.com/question/24195927

#SPJ4