In real estate, earnest money is a deposit paid by a buyer to demonstrate that they are serious about buying a property. What Is Earnest Money? Earnest money is a deposit paid by a buyer to a ...

Earnest money is a good-faith deposit you put on a house when making an offer to show your commitment to the seller. When the sale closes, you can get the cash back or use it to pay closing costs ...

The bench said plaintiffs may amend their plaints at any stage to seek alternative reliefs like earnest money refund, but ...

CRE developers who want to build a profitable portfolio in the US must have a consistent source of earnest money financing. This will ensure that they can readily access the funds they need to pursue ...

You'll keep an earnest money deposit toward your down payment in an escrow account until you close. You'll likely also have an escrow account when you own the home to pay your taxes and insurance.

The Supreme Court today (May 2) upheld the forfeiture of earnest money deposited as part of the Advance Sale Agreement by the purchaser with the seller upon the purchaser's failure to pay ...

If the purchaser pays earnest (kapparra) the parties may not contract the sale, however, the payment will have to be refunded or else the vendor will have to pay double the earnest Malcolm Mifsud is a ...

The title companies’ argument was, “Why should we have to pay the earnest money twice if a court later rules that we made the wrong decision?” After the Realtor industry agreed with the ...

A judge has sided with the new owner of the embattled Black's Building over a botched sale while the building's prior owner ...

On a conspectus of the aforementioned authorities, it is evident that a clause for the forfeiture of earnest money is not penal in the ordinary sense, rendering Section 74 of the 1872 Act, ...