Chapter 16 Flashcards
1
Q
Money offered in good faith from the buyer to the seller in order to take property of the market
A
Earnest money deposit
2
Q
Legally binding contract
A
Real estate purchase contract
3
Q
The Repsie must have the correct name of the seller
A
Seller information
4
Q
Should take place no later than settlement deadline or as otherwise mutually agreed by brynn seller writing
A
Settlement and closing
