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In Indiana, earnest money must be deposited:

Correct Answer

B) As provided in the contract, typically within 2-3 business days

Earnest money must be deposited according to contract terms, typically within 2-3 business days.

Answer Options
A
Within 30 days
B
As provided in the contract, typically within 2-3 business days
C
At closing only
D
No requirements
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Related Topics & Key Terms

Related Topics:

contract-formationearnest-money-dispositiondefault-consequences

Key Terms:

earnest moneytrust accountIndiana Real Estate Commissiondeposit timingpurchase contract
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