In a dispute over earnest money, which action is NOT required of the broker?

The action that is not required of the broker in a dispute over earnest money is to distribute the funds to the rightful party. In situations where there is a dispute regarding earnest money, brokers are typically prohibited from unilaterally deciding who should receive the funds without first resolving the dispute or receiving mutual agreement from the parties involved. The broker's role is to act as a neutral facilitator, helping to mediate communication between the parties but not taking independent action to distribute funds without their explicit resolution.

The other actions listed are part of the broker's obligations in handling disputes. Inviting parties to resolve the dispute, notifying them within a specified timeframe, and reminding them of any mediation agreements are all tasks that brokers are expected to perform as they help navigate the situation. This ensures that all parties are informed and have opportunities to resolve their issues, which aligns with the broker's responsibilities under real estate laws and ethical practices.