Earnest Money Deposit (EMD) Disputes and NVAR Real Estate Purchase and Sale Contracts
How Can You Get Your EMD Back If the Other Party Has Breached the Contract In Virginia?
Earnest Money Deposit (EMD) In A Real Estate Contract
The amount of the EMD should be discussed with your real estate agent. As a seller, this can be an important consideration to prevent a buyer from walking away from the contract. For a buyer, the “good faith” deposit amount confirms to the seller your intent to complete the transaction. What is an Ernest Money
Search
Categories
Archives
Recent Posts
Recent Posts- Recording Procedures (VA)
- WHAT IS A TENANTS ASSERTION
- ATTENTION VIRGINIA HOME BUYERS AND SELLERS – NEW LAW REQUIRES SELLERS TO DISCLOSE RISK OF FLOODING TO PROPERTY
- ARE YOU BUYING A NEW HOME? DEMYSTIFYING THE RESIDENTIAL HOME PURCHASE CLOSING PROCESS IN VIRGINIA
- BUSINESS PARTNERSHIP LAWSUITS – DISPUTES BETWEEN LLC MEMBERS, SHAREHOLDERS, GENERAL PARTNERS OR LIMITED PARTNERS
