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Sold with No Warranties, with Some Limits, and If the Buyer Elects Not to Have the Horse "vetted Form

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Sold with No Warranties, with Some Limits, and If the Buyer Elects Not to Have the Horse "vetted Form

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hi everybody dana sparks broker of maximum one grader atlanta realtors and today's contract tip has to do with earnest money specifically what happens to the earnest money if a buyer terminates a contract prior to the time frame within which they are to remit those earnest money funds to the holder so let's have a chat about this so in the guard georgia association of realtors contracts and in the reforms contracts there is an option when a buyer is writing an offer regarding the earnest money it has who whom the holder is and when the uh the buyer and the seller negotiate when those funds are due to that holder the first option is if it says the funds are already in possession of the holder at the time the offer is being written and that would be a case where you as the agent if you are a buyer's agent working with a buyer and you have earnest money funds in hand when you are writing the offer then you would choose that option a that you are in possession of th

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