Monies in the escrow account of the firm that are in dispute by the parties as to their disbursement

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The correct answer highlights the appropriate procedure for handling disputed funds in an escrow account. When monies are in dispute regarding their disbursement, it is crucial to maintain the funds in the escrow account until the parties involved reach a consensus or resolution regarding how those funds should be allocated. This practice safeguards the interests of all parties and ensures that no unilateral decisions are made regarding the disputed amount. It also aligns with the legal and ethical standards governing the handling of escrow funds in real estate transactions.

In situations of disagreement, simply forwarding the funds to the real estate commission or dividing them equally could lead to unfair outcomes or potential legal issues, as each party may have valid claims regarding the disbursement of the funds. Maintaining the status quo by keeping the funds in the escrow account until resolution helps to prevent any potential misuse or misappropriation while the dispute is being resolved.

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