All moneys received by a licensee from an applicant for fees paid to third persons shall be accounted for separately (such as by use of the HUD-1 Settlement Statement), and all disbursements for fees paid to third persons shall be supported by adequate documentation of the services for which such fees were or are to be paid.

Authority: T.C.A. §§ 45-1-107(h), 45-13-103, 45-13-206(a) and 45-13-208. Administrative History: Original rule filed January 25, 1989; effective May 1, 1989. Repeal and new rule filed May 28, 2010; effective October 29, 2010.