Earnest payment - Wikipedia

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Earnest money is not necessary to make an otherwise accepted offer into a valid contract. Earnest money is a buyer-performance item required to be deposited after a contract is fully executed.

A contract could become effective even if no earnest money is required in the agreement. Forms , Legal , Buyers , Sellers Tags: You should contact your attorney to obtain advice with respect to any particular issue or problem.

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Does a buyer have to submit his earnest money with the offer? | Advice for Texas REALTORS® | Texas Association of REALTORS

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