When one of the parties to a contract receives earnest money from the other, the contract is presumed to be constituted.
12.
The Los Angeles HUD office requires bidders to have a cashier's check or cash for $ 1, 000 " earnest money ."
13.
Segal put down a 10 percent earnest money deposit on a riverfront unit, at a preconstruction price in the mid-$ 400, 000s.
14.
In the USA, between about 2000 and 2005 real estate purchase earnest money deposits reached about 5 % of the sales price.
15.
Currently, the Trust Fund receives revenue earned from the interest on earnest money in real estate transactions, as established by RCW 18.85.285.
16.
Once contingencies have expired, rescinding the offer will usually require forfeiture of the earnest money deposits and may involve other penalties as well.
17.
Its owner was willing to sell, and Smith's dad was keen to buy, but he didn't have the $ 15, 000 earnest money.
18.
But now the earnest money is rising to $ 150, 000, Bell said this week at the industry's annual Heli-Expo show in Dallas.
19.
Ovitz has agreed to pay the league a reported $ 25 million in earnest money if he and his group are awarded a franchise.
20.
Mrs . Deuterman agreed to sell the estate for $ 100, 000, and all she required was $ 500 earnest money to secure the property.
