earnest money contract

earnest money contract
Also purchase agreement, purchase offer, sales agreement and earnest money contract. Agreement between buyer and seller of property which sets forth in general the price and terms of a proposed sale.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • earnest money — earnest mon·ey n: money used as earnest Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. earnest money …   Law dictionary

  • earnest money — A sum of money paid by a buyer at the time of entering a contract to indicate the intention and ability of the buyer to carry out the contract. Normally such earnest money is applied against the purchase price. Often the contract provides for… …   Black's law dictionary

  • earnest money — A sum of money paid by a buyer at the time of entering a contract to indicate the intention and ability of the buyer to carry out the contract. Normally such earnest money is applied against the purchase price. Often the contract provides for… …   Black's law dictionary

  • earnest money — noun money given by a buyer to a seller to bind a contract • Syn: ↑arles • Hypernyms: ↑earnest …   Useful english dictionary

  • earnest money — Law. money given by a buyer to a seller to bind a contract. [1550 60] * * * …   Universalium

  • earnest money — noun chiefly US money paid to confirm a contract …   English new terms dictionary

  • earnest money — /ˈɜnəst mʌni/ (say ernuhst munee) noun Law a nominal sum, not legally required but sometimes given as a token of intention to abide by a contract …  

  • earnest money —  Deposit made when entering into a contract …   American business jargon

  • CONTRACT — (Heb. חוֹזֶה, ḥozeh), in general law theory a legally binding agreement between two or more parties, in terms of which one party undertakes for the benefit of the other to perform or refrain from a certain act. As such, contract is the main… …   Encyclopedia of Judaism

  • earnest payment — index pledge (security) Burton s Legal Thesaurus. William C. Burton. 2006 earnest payment …   Law dictionary

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