What types of third-party checks can a licensee accept for delivery?

A licensee can accept due diligence payments to the seller and earnest money to an escrow agent because these types of payments are considered standard and necessary in real estate transactions. Due diligence payments are made by a potential buyer to secure the right to conduct investigations on the property. This provides reassurance to the seller that the buyer is serious about the potential transaction. Earnest money acts as a good faith deposit that demonstrates a buyer's commitment to purchasing the property, held in trust until closing.

The other options involve payments that are not typically handled directly by the licensee in a way that aligns with accepting third-party checks. Repair payments for the seller and funds for inspection are often direct transactions between the parties involved, rather than payments that a licensee manages. Additionally, settlement distributions to the closing agent fall under the responsibility of the closing agent or attorney, rather than the licensee. Therefore, the acceptance of due diligence and earnest money is clearly defined within the licensee's role in a transaction, making option B the correct choice.