Under what condition can funds that are certified be used for disbursement?

Funds that are certified can be used immediately upon receipt because certification signifies that the funds are guaranteed and available for access without delay. This certification is typically provided by a financial institution and indicates that the funds are secure and will be honored.

In a real estate context, having access to certified funds allows transactions to proceed swiftly, ensuring that obligations can be met promptly without the risk associated with holding non-certified means of payment, such as personal checks. Therefore, the ability to use these funds immediately enhances efficiency and confidence in the transaction process.

The other choices suggest various conditions that do not reflect the nature of certified funds. For instance, the idea that funds must be valid for at least a week or have no time limitations misinterprets the purpose of certification, which is to provide immediate availability. Similarly, the requirement for authorization by a real estate broker does not apply generally to the use of certified funds, as the certification itself is sufficient to assure their readiness for disbursement.