ContractsMEDIUM
Washington's earnest money requirements state:
Correct Answer
B) Must be deposited within 3 business days of mutual acceptance
Earnest money in Washington must be deposited within 3 business days of mutual acceptance unless otherwise agreed.
Answer Options
A
No deposit requiredB
Must be deposited within 3 business days of mutual acceptanceC
Must be held by sellerD
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Related Topics & Key Terms
Related Topics:
contract-formationescrow-procedurescontract-contingencies
Key Terms:
earnest moneymutual acceptancethree business daysWashington Statepurchase and sale agreement
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