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deposit of earnest money ECON

Monolingual examples (not verified by PONS Editors)

English
If the seller accepts the offer, the earnest money is held in trust or escrow.
en.wikipedia.org
Similarly, many buyers asking back earnest money or refund of money paid and are also not accepting the old notes.
www.hindustantimes.com
This course is adopted for holding the earnest money/advance in trust or custody of original title deeds.
www.thehindu.com
However, typically the earnest money deposit represents a consideration.
en.wikipedia.org
When one of the parties to a contract receives earnest money from the other, the contract is presumed to be constituted.
en.wikipedia.org
Any documentation demonstrating financial qualifications of the buyer(s), such as mortgage loan pre-approval or pre-qualification, may accompany a real estate offer to buy along with an earnest money check.
en.wikipedia.org
The money, they said, came from an escrow account used to hold funds in pending real estate transactions, such as earnest money.
www.chicagotribune.com
These costs can include things such as an earnest money deposit, home inspection or a home appraisal.2.
www.inman.com
Within the contingency period, the investor usually has the right to rescind the offer with no penalty and obtain a refund of earnest money deposits.
en.wikipedia.org
Option fee funds should not be confused with earnest money.
en.wikipedia.org

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