Definitions
There is 1 meaning of the phrase
Earnest Money.
Earnest Money - as a noun
Example Sentences
"The homebuyer put down a substantial amount of earnest money to show their commitment to the seller."
"Before finalizing the purchase agreement, the buyer is typically required to provide earnest money."
"The seller was pleased to receive a large sum of earnest money as a guarantee of the buyer's seriousness."
"The real estate agent explained the purpose of earnest money as a form of security for both parties."
"In some cases, the amount of earnest money can be negotiable between the buyer and the seller."