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In Colorado, earnest money must be deposited:

Correct Answer

B) As specified in the contract, typically within 3 days

Earnest money must be deposited according to contract terms, typically within 3 business days of contract execution.

Answer Options
A
Within 10 days
B
As specified in the contract, typically within 3 days
C
At closing only
D
No requirements
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Why This Is the Correct Answer

Earnest money must be deposited according to contract terms, typically within 3 business days of contract execution.

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