ContractsGeneralEASY
Earnest money in Louisiana must be:
Correct Answer
B) Deposited in escrow per contract
Earnest money must be deposited per contract terms.
Answer Options
A
Held by sellerB
Deposited in escrow per contractC
Given to buyerD
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Related Topics & Key Terms
Related Topics:
escrow-account-procedurespurchase-agreement-termstrust-account-requirementsearnest-money-forfeiture
Key Terms:
earnest moneyescrowLouisiana Real Estate Commissiontrust accountpurchase agreement
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