earnest payment
(redirected from Earnest money deposit)

Also found in: Acronyms, Wikipedia

0.01 sec.

earnest payment n. a deposit paid to demonstrate commitment and to bind a contract, with the remainder due at a particular time. If the contract is breached by failure to pay, then the earnest payment is kept by the recipient as pre-determined (liquidated) or committed damages.

See also: pledge, security

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Legal browser	?		Full browser	?
earnest money pledge			A secure, on-line interface, CEX provides buyers and sellers with a competitive bidding process designed to produce multiple, non-contingent final bids accompanied by earnest money deposits and executed, pre-negotiated asset sale agreements. Carlton Group talks about CEX by Real Estate Weekly This means that the earnest money deposit serves as a measure of your real interest in buying the house, regarding the fact that after signing the contract, you can usually change the amount of the down payment. Competitive Market Struggle How to Win! by Elli Davis / Real estate industry community Don't Give an Earnest Money Deposit Directly to a For Sale By Owner Seller Your good faith deposit should go into a trust account. 4 Things You Shouldn't Do when You'Re Buying A Home by Suvadip Das / Finance and Investment community			eagerly eagerness eagerness to act quickly Eagle Ear-witness Earl Earl Warren Legal Training Program Earldom earlier earliest earliest stage early early stage earmark earmarked earn earn out earned earned income earnest earnest averment earnest avowal earnest declaration earnest entreaty earnest money Earnest money deposit earnest payment earnest pledge earnest request earnest seeking earnestly earnestness earnings earshot earthly earthly possessions earthquake earthshaking earthy earwitness ease ease of movement ease the burden easeful easement Easements easily easily accessible easily affected easily bent easily duped			Earned Value Project Management Earned Value Project Management Office Earned Vehicle Years Earned-income tax credit Earned-run average Earned-Value Feedback Control earner earner earner earner earners earnest earnest earnest earnest earnest earnest averment earnest avowal Earnest bevin Earnest bevin earnest declaration earnest entreaty Earnest Hemmingway earnest money earnest money earnest money earnest money earnest money Earnest Money Bank Guarantee earnest money contract Earnest money deposit Earnest payment Earnest payment Earnest payment Earnest payment Earnest penny earnest pledge Earnest Pruett Center of Technology earnest request Earnest Rutherford Earnest Rutherford earnest seeking Earnestful earnestly earnestly earnestly earnestness earnestness earnestness earnests earnests earnests Earnful Earnhardt, Dale earning earning earning earning earning Earning a Living earning an honest penny

Legal Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.

earnest payment (redirected from Earnest money deposit)

earnest payment
(redirected from Earnest money deposit)