ContractsEarnest_money_depositsEASY
Earnest money in Nevada must be:
Correct Answer
B) Deposited in trust account per contract or law
Earnest money must be deposited in a trust account according to contract terms or law.
Answer Options
A
Held by sellerB
Deposited in trust account per contract or lawC
Given to buyerD
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Related Topics & Key Terms
Related Topics:
trust-account-requirementsescrow-procedurescontract-formation
Key Terms:
earnest moneytrust accountNevada NRS 645escrowcommingling
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