earnest money Antonyms
No Synonyms and anytonyms found
Meaning of earnest money
Wordnet
earnest money (n)
money given by a buyer to a seller to bind a contract
earnest money Sentence Examples
- The buyers deposited earnest money to demonstrate their serious intent to purchase the property.
- The real estate agent explained the importance of earnest money in securing a fair deal.
- The seller accepted the buyer's offer contingent upon receipt of $5,000 earnest money.
- The earnest money deposit served as a placeholder for the buyer's financial commitment.
- The amount of earnest money typically varies depending on the purchase price of the home.
- In certain situations, earnest money can be non-refundable if the buyer breaches the purchase agreement.
- Buyers should consider the financial implications before placing earnest money.
- Earnest money can be returned to the buyer if the purchase is not completed due to reasons beyond their control.
- The real estate contract outlined the terms and conditions regarding the handling of earnest money.
- The buyer's earnest money showed the seller that they were serious and financially capable of making the purchase.
FAQs About the word earnest money
money given by a buyer to a seller to bind a contract
No synonyms found.
No antonyms found.
The buyers deposited earnest money to demonstrate their serious intent to purchase the property.
The real estate agent explained the importance of earnest money in securing a fair deal.
The seller accepted the buyer's offer contingent upon receipt of $5,000 earnest money.
The earnest money deposit served as a placeholder for the buyer's financial commitment.
