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Topical Terminology > Earnest Money Deposit



2 Definitions

Earnest Money Deposit

For Earnest Money Deposit we have terms and definitions in 2 topics. The topics are Foreclosure and Purchasing A Home.



Earnest Money Deposit (Foreclosure)

A deposit made by a purchaser of real estate used as a down payment as evidence of good faith.


Earnest Money Deposit (Purchasing A Home)

A deposit made by the potential home buyer to show that he or she is serious about buying the house.




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