ContractsEASY
Earnest money in South Carolina must be:
Correct Answer
B) Deposited in escrow per contract terms
Earnest money must be deposited in escrow according to the contract terms.
Answer Options
A
Held by sellerB
Deposited in escrow per contract termsC
Given to buyerD
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Related Topics & Key Terms
Related Topics:
earnest-money-dispositionreal-estate-contract-essentialssouth-carolina-real-estate-regulationsescrow-account-procedures
Key Terms:
earnest moneyescrowtrust accountSouth Carolina Real Estate Commissiongood faith deposit
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