Within the contingency period, the investor usually has the right to rescind the offer with no penalty and obtain a refund of earnest money deposits.
22.
But before scraping together the earnest money, know that the depot will not necessarily be sold to the highest bidder, but to the best potential user.
23.
Ovitz may have to put up a sum of earnest money to show the league he is serious about building a stadium and acquiring a team.
24.
"' Robert Earnest Money "', known by his stage name "'Curley Money "', was the youngest of eight children born to a sharecropper in Haleburg, Alabama.
25.
On August 31, 1999 the earnest money contract was signed and on December 10, 1999 the Association became proud owners of the dilapidated gem, the Brauntex Theatre.
26.
In the early 1990s, Mayor Joe Serna attempted to lure the Los Angeles Raiders football team to Sacramento, selling $ 50 million in bonds as earnest money.
27.
After extending the deadline eight months to allow Arcadd to obtain the necessary earnest money, and still seeing no progress, the city decided to move on with a different plan.
28.
The Intell organization was required under the rules of the auction to put down 5 percent of the purchase price in nonrefundable earnest money, or more than $ 5 million.
29.
A potential buyer of property of high value such as residential real estate generally signs a contract and pays a sum acceptable to the seller by way of earnest money.
30.
In 2006, the nearby town of Pateros, Washington paid an earnest money deposit to buy the house with the idea that it would be relocated there for use as a visitors center.