What does the new contract require for receipt of option fee and earnest money?

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English - April 22, 2021 21:00 - 3 minutes - 2.42 MB - ★★★★★ - 20 ratings
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Previous Episode: What is a buyer really waiving under the appraisal addendum?

Next Episode: What are the issues with the new procedure for payment of the option fee?

Today, Dawn discusses the contractual obligation to credit the earnest money and option fee in a particular order and it controls over an incorrectly signed receipt by escrow agent.