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Earnest money deposits in Massachusetts must be:

2:42
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Audio Lesson

Duration: 2:42

Question & Answer

Review the question and all answer choices

A

Held by seller

B

Deposited in broker's escrow account or attorney's account

Correct Answer
C

Given to buyer

D

No requirements

Why is this correct?

Earnest money must be deposited in a broker's escrow account or attorney's client account.

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