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Earnest money deposit
Earnest money deposit A deposit made by the potential home buyer to show that he or she is serious about buying the house.
RELATED TERMS--------------------------------------
Deposit A cash lump sum, usually expressed as a percentage of the value of the property, given by the buyer to the seller.
SIMILAR TERMS--------------------------------------
Earned income All the money you earn. This includes any wages, salaries, tips, net earnings (if you're self-employed) and any other income received for personal services.
Earnest money Money put down by a potential buyer to show that he or she is serious about purchasing the home; it becomes part of the down payment if the offer is accepted, is returned if the offer is rejected, or is forfeited if the buyer pulls out of the deal.
PREVIOUS AND NEXT TERMS--------------------------------------
Ezhou property Property in Ezhou, China. Apartments, flats, houses, offices and other property in Ezhou.
Early occupancy A condition in which the seller allows the buyer to move in before the sale is closed.
Early redemption penalty A penalty incurred by the borrower should they repay the loan early.
Earned income All the money you earn. This includes any wages, salaries, tips, net earnings (if you're self-employed) and any other income received for personal services.
Earnest money Money put down by a potential buyer to show that he or she is serious about purchasing the home; it becomes part of the down payment if the offer is accepted, is returned if the offer is rejected, or is forfeited if the buyer pulls out of the deal.
Earnest money deposit
Earthquake insurance A policy that provides coverage against damage to a home from an earthquake.
Earthquake safety disclosure By California law, real estate agents or owners are required to prepare a "Residential Earthquake Hazards Report" disclosing the earthquake safety preparedness of all houses sold in the state.
Easement A right-of-way created by grant, reservation, agreement, prescription or necessary implication which one has in land owned by another.
Easement by condemnation An easement created by the government or government agency that has exercised its right under eminent domain.
Easement by estoppel An easement created when a person's words or actions lead another to believe that an easement exists.
This dictionary contains 6433 terms. |
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