AgencyMEDIUM
In Georgia, earnest money must be deposited within:
Correct Answer
B) 5 banking days of acceptance
Georgia requires earnest money to be deposited within 5 banking days of the binding agreement date.
Answer Options
A
24 hoursB
5 banking days of acceptanceC
10 business daysD
As agreed in the contractVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
real-estate-trust-accountscontract-binding-agreementearnest-money-disposition
Key Terms:
earnest money5 banking daysbinding agreement dateGeorgia Real Estate Commission Rule 520-1-.08trust account
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