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All About Earnest Money Deposits in Arizona | The Hill Group

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Arizona real estate earnest money law | KEMS

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Nulla nulla loremsuscipit in posuere in, interdum non magna. Sharing a little trivial information on Arizona Real Estate Contracts.

This comes up from time to time, if a purchase contract is cancelled there is a question of who gets the Earnest Money that has been deposited with the escrow company. Typically the distribution is pretty straight forward.

However, if there is a dispute on the funds, this distribution is determined by the escrow company. This is all spelled out in Section 3f of the standard Arizona Residential Resale Real Estate Purchase Contract:.

Real Estate Law Questions: Can I Back Out Of My Purchase Contract After It Was Signed By the Seller? | Wells Realty and Law Groups | Full Service Real Estate Representation

Release of Earnest Money: In the event of a dispute between Buyer and Seller regarding any Earnest Money deposited with Escrow Company, Buyer and Seller authorize Escrow Company to release Earnest Money pursuant to the terms and conditions of this Contract in its sole and absolute discretion.

Buyer and Seller agree to hold dobre strategie forex and indemnify Escrow Company against any claim, action or lawsuit of any kind, and from any loss, judgment, or expense, including costs and attorney fees, arising from or relating in any way to release of Earnest Money.

Your agent arizona real estate law earnest money be advocating for your interests in the funds prior to the cancellation all the way to the disbursements of the funds, so be sure to communicate heavily with your agent if a contract is being cancelled.

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A sample text widget. Release of Earnest Money. Craig Saturday, 14th of July at This is all spelled out in Section 3f of the standard Arizona Residential Resale Real Estate Purchase Contract: How much Earnest Money should you Offer?

Earnest Money - What, why, how much? - The Phoenix Real Estate Guy

Arizona Earnest Money Arizona Earnest Deposit What is a CURE Notice? Inspection Period — Seller Side.

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Inspection Period — Seller Side July 14th, Tags: Real Estate Logging In