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In Georgia, earnest money disputes are typically resolved by:
Correct Answer
B) Interpleader action or agreement between parties
When earnest money is disputed in Georgia, the broker typically files an interpleader action with the court or the parties reach an agreement.
Answer Options
A
The broker keeping the fundsB
Interpleader action or agreement between partiesC
Automatic return to buyerD
State real estate commissionVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
real-estate-contractsbroker-liabilitydispute-resolutionescrow-account-procedures
Key Terms:
interpleader actionearnest money disputeGeorgia brokerage lawescrow disbursementfiduciary duty
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