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Earnest money in Connecticut must be:

Correct Answer

B) Deposited in escrow per contract terms

Earnest money must be deposited in escrow according to contract terms.

Answer Options
A
Held by seller
B
Deposited in escrow per contract terms
C
Given to buyer
D
No requirements
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Related Topics & Key Terms

Related Topics:

real-estate-escrow-processpurchase-contract-contingencies

Key Terms:

earnest moneyescrowConnecticut real estategood faith depositpurchase and sale agreement
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