ContractsMEDIUM
Under a TREC contract, earnest money must be deposited within how many days after execution?
Correct Answer
D) As specified in the contract
The TREC contract specifies when earnest money must be deposited, typically within a negotiated number of days.
Answer Options
A
1 dayB
3 daysC
5 daysD
As specified in the contractVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
contract-execution-timelinesearnest-money-escrow-procedurestrec-contract-customization
Key Terms:
TREC contractearnest moneyeffective dateescrow depositTexas real estate contract
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