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"Commingling" is when you mix things together that you're not supposed to mix. In real estate, it means mixing up the money that belongs to different people. For example, if a real estate agent mixes their personal money with the money that their clients gave them for a house purchase, that would be "commingling" and it's against the rules.
Here's a working example: Let's say you give your real estate agent $10,000 to use as a deposit on a house you want to buy. If the agent puts that money in with their own personal funds, that's commingling. They're supposed to keep your money separate from their own.
"Wit & Whimsy with the Dumb Ox: Unlocking Knowledge with Rhyme:"
Commingling, oh what a thing!
Mixing up money, it's not a fling!
Keep it separate, that's the key,
Or else you'll be in trouble, you'll see!
Your money for the house, and theirs for the fee,
Don't mix them up, or you'll have to flee!
Commingling, it's not allowed,
Keep things straight, make us all proud!