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Earnest money in North Dakota is held by:

Correct Answer

B) The broker's trust account or escrow agent

Earnest money must be deposited into the broker's trust account or held by a designated escrow agent.

Answer Options
A
The seller
B
The broker's trust account or escrow agent
C
The buyer's bank
D
The state

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Related Topics & Key Terms

Related Topics:

comminglingconversion

Key Terms:

earnesttrustseparate
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