Minnesota State Real Estate Practice Test

A broker can maintain personal funds in a trust account under the condition that it is required to keep the account open. This situation arises primarily when a trust account would incur certain fees or become inactive without a minimum balance. By placing a small personal amount in the account, the broker can ensure compliance with the financial institution's requirements, allowing the trust account to remain active. However, this practice should always be conducted in accordance with the specific regulations governing real estate transactions and trust accounts within the state, which often dictate the circumstances under which personal funds may be included.

Choosing this answer reflects an understanding of the operational needs of a trust account, as distinct from motivations such as earning interest or accommodating multiple clients, which do not justify the inclusion of personal funds in the account under state laws.