What is one responsibility of active qualifying brokers regarding trust accounts?

Active qualifying brokers have a significant responsibility to supervise trust account management. This duty is crucial because trust accounts are utilized to hold client funds safely and securely, ensuring they are used appropriately according to the needs of the clients and the stipulations of the law. The broker must ensure that the trust account is properly managed, that transactions are correctly recorded, and that all funds are handled according to state regulations.

This supervisory role helps maintain transparency and integrity within real estate transactions, protecting both the clients' interests and the broker’s license. By overseeing the trust account management, the broker can ensure that funds are retained for their intended purpose and that there is no misappropriation.

The other options involve practices that are either unethical or in violation of real estate regulations, such as making personal transactions with trust account money or investing those funds for personal gain. These actions not only undermine the integrity of the brokerage but also can lead to serious legal consequences. Eliminating trust accounts after termination is also inappropriate, as trust funds must be appropriately disbursed or managed according to legal requirements, ensuring clients are treated fairly.