Under what conditions might a broker hold an authorized disbursement of escrow moneys claim?

In the context of managing escrow funds, a broker should adhere to specific legal and ethical standards regarding the disbursement of those funds. The correct understanding here is that a broker cannot hold an authorized disbursement of escrow money under any condition unless they have the explicit and documented agreement from all parties involved or are acting under a legal directive, such as a court order.

Holding funds without proper authorization can lead to liability or legal issues. This means that verbal consent, unilateral requests from one party, or any other informal agreements are insufficient for a broker to disburse escrow money. The importance of maintaining strict protocols protects all parties involved and ensures compliance with legal requirements. Therefore, under normal circumstances, a broker is not permitted to hold disbursement claims without formal authorization, reinforcing the idea that such activity is never permissible without proper justification.