Where are the fees collected by the Real Estate Commission held?

The fees collected by the Real Estate Commission are held in the general fund of the state treasury. This means that the funds are managed within the broader financial structure of the state, contributing to various governmental operations and services. Holding the fees in the general fund ensures transparency and accountability, as these funds can be audited and tracked as part of the state’s financial reporting.

This arrangement also allows for the fees to be used for activities related to real estate regulation and oversight, benefiting the real estate market and consumers within the state. The general fund's use implies that the fees are not personally managed by any individual, such as commission members or the commissioner, and are not isolated in a personal account or a trust account that may limit their use to specific activities.