How many escrow accounts may a managing broker have?

A managing broker may have more than one escrow account. This flexibility allows brokers to effectively handle various transactions and client needs without being limited to a single account. Different escrow accounts can be set up for different transactions, clients, or purposes, which can lead to better organization and management of funds.

Providing the ability to maintain multiple accounts is particularly useful in a dynamic real estate market where a broker may be handling numerous listings and sales simultaneously. This setup also satisfies various compliance and accounting needs that may arise from having different types of escrows, such as buyer deposits or funds for specific projects.

In contrast, the other choices suggest restrictions that do not align with the regulations governing escrow accounts for managing brokers, who require the ability to manage resources according to the diverse needs of their practice.