Real Estate Glossary

Earnest Money

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Term Main definition
Earnest Money

The monetary advance by purchaser of part of the purchase price as evidence of good faith. The earnest money is used to bind the parties to the contract of sale. Also known as "Deposit."

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San Francisco Property Management

47 Kearny Street
San Francisco, CA 94108


Phone: 415-981-5780
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California DRE #01183885