Deposit Money Sample Clauses

Deposit Money. (A) Broker will keep (or will give to the listing broker, who will keep) all deposit monies that Broker/Licensee receives in an escrow :_______ __ ________ 99 account as required by the real estate licensing laws and regulations until the sale is completed or an agreement of sale is ter- 101 minated, or the terms of a prior written agreement between the Buyer and a seller have been met. ▇▇▇▇▇ and Seller may name a 102 non-licensee as the escrow holder, in which case the escrow holder will be bound by the terms of the escrow agreement, not by 103 the Real Estate Licensing and Registration Act. ▇▇▇▇▇ agrees that the person keeping the deposit monies may wait to deposit any 104 uncashed check that is provided as deposit money until Seller has accepted an offer. 105 (B) Regardless of the apparent entitlement to deposit monies, Pennsylvania law does not allow a Broker holding deposit monies to 106 determine who is entitled to the deposit monies when settlement does not occur. Broker can only release the deposit monies: 107 1. If an agreement of sale is terminated prior to settlement and there is no dispute over entitlement to the deposit monies. A 108 written agreement signed by both parties is evidence that there is no dispute regarding deposit monies. 109 2. If, after ▇▇▇▇▇▇ has received deposit monies, ▇▇▇▇▇▇ receives a written agreement that is signed by ▇▇▇▇▇ and ▇▇▇▇▇▇, directing 110 Broker how to distribute some or all of the deposit monies. 111 3. According to the terms of a final order of court. 112 4. According to the terms of a prior written agreement between ▇▇▇▇▇ and Seller that directs the Broker how to distribute the 113 deposit monies if there is a dispute between the parties that is not resolved. 114 (C) ▇▇▇▇▇ agrees that if ▇▇▇▇▇ names ▇▇▇▇▇▇ or ▇▇▇▇▇▇’s licensee(s) in litigation regarding deposit monies, the attorneys’ fees and 115 costs of the Broker(s) and licensee(s) will be paid by ▇▇▇▇▇.

Deposit Money. To return the balance of the Deposit to the Student within a reasonable period, usually 28 days, after the end of the Period of Residence (or if earlier the termination of this Agreement) after deduction of any sums that the Student owes to Arts University Bournemouth under this Agreement (eg any unpaid Residence Charge or administration fee) and any other costs that Arts University Bournemouth has or will incur as a result of a breach by the Student of the Terms of this Agreement.

Deposit Money. Seller is advised to have an attorney, title company, or the selling broker hold the ▇▇▇▇▇▇▇ deposit or escrowed funds, subject to all applicable laws & regulations. Broker will not hold escrowed funds or act as an escrow agent.

Deposit Money. Within three (3) business days after the Effective Date, and as a condition precedent to the effectiveness of this Agreement, Buyer shall deposit an amount set forth in the Supplemental Agreement ("INITIAL EARNEST MONEY") with ▇▇▇▇▇ ▇merican Title Insurance Company, 633 Third Avenu▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇: ▇▇▇▇▇ Clay, as escrow ▇▇▇nt ("ESCROW AGENT"). If Buyer approves or is deemed to have approved the Property as set forth in Section 4.2 of this Agreement, Buyer shall deposit an additional amount set forth in the Supplemental Agreement ("ADDITIONAL EARNEST MONEY") with ▇▇▇▇▇▇ Agent (the Additional Earnest Money a▇▇ ▇▇▇ Initial Earnest Money are col▇▇▇▇▇▇▇ly hereinafter referred to as the "DEPOSIT"). The Deposit shall be nonrefundable except as herein provided. The Deposit shall be deposited by Escrow Agent in an interest-bearing account, and any interest earned on the Deposit shall be considered a part of the Deposit. Except as expressly otherwise set forth herein, the Deposit shall be applied against the Purchase Price on the Closing Date.

Deposit Money. Seller is advised to have an attorney, title company, or the selling broker hold the escrow moneys, subject to all PA laws & regulations. Seller may elect to have Broker hold the escrow account, with Seller paying an upfront fee of $50 to Broker for this service.

Deposit Money. Seller is advised to have an attorney, title company, or the selling broker hold the escrow monies, subject to all Georgia laws & regulations.

Deposit Money. 2 2.2 Cash at Closing . . . . . . . . . . . . . . . . . . . 3

Deposit Money. (A) Broker will keep (or will give to the listing broker, who will keep) all deposit monies that Broker/Licensee receives in an escrow 96 account as required by the real estate licensing laws and regulations until the sale is completed or an agreement of sale is 97 terminated, or the terms of a prior written agreement between the Buyer and a seller have been met. ▇▇▇▇▇ and Seller may name 98 a non­licensee as the escrow holder, in which case the escrow holder will be bound by the terms of the escrow agreement, not by

Deposit Money. 76 ▇. ▇▇▇▇▇▇, or any person Seller and the buyer name in the agreement of sale, will keep all deposit monies paid by or for the buyer 79 may wait to deposit any uncashed check that is received as deposit money until Seller has accepted an offer. 80 B. If ▇▇▇▇▇▇ joins Broker or Licensee in a lawsuit for the return of deposit monies, Seller will pay Broker’s and Licensee’s attorneys’ 81 fees and costs. 82