Definition: For a Florida real estate broker's escrow-deposit deadline, immediately means no later than the end of the third business day following receipt of the item to be deposited.
Example
An associate receives a deposit on Monday. With no intervening holidays, the brokerage's deposit deadline is Thursday.
Keep the distinction clear
An associate's delivery deadline to the broker is separate; it does not restart the brokerage's clock. Apply the governing rule's business-day and receipt provisions.
Related terms
Escrow Account · Deposit · Trust Funds
Keep studying
Florida Escrow Deposits: Associate and Broker Deadlines
References: DBPR: when brokers must deposit escrow funds
Pronunciation (US): ih-MEE-dee-ut-lee (capitals show stress)
Pronunciation reference: Merriam-Webster
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