What is the term for mixing the funds of others with personal funds?

The term for mixing the funds of others with personal funds is co-mingling. In the context of real estate, co-mingling is considered an unethical practice and can lead to serious legal repercussions for real estate professionals. It breaches the trust of clients and can violate fiduciary duties, as funds that are supposed to be kept separate are improperly mixed. The practice is discouraged to ensure transparency and accountability in managing clients’ monies.

Pooling refers to grouping resources together for a common purpose but does not necessarily imply mixing personal and client funds. Consolidation generally means combining things into a single entity, and nova is not a term typically used in this context. Recognizing the importance of maintaining separate accounts for clients' funds is crucial in upholding ethical standards in real estate transactions.