Rights of First Offer

Wondering about your rights in keeping the Earnest Money deposit in a real estate transaction? Are you a buyer or seller of real property looking for legal advice on avoiding an Earnest Money dispute? Earnest Money is a deposit made to a seller that represents a buyer’s good faith to buy a home. Because earnest money contributions aren’t always refundable, if either party breaches the Contract to Buy and Sell Real Estate, disputes may arise as to who gets the money and how much they get. GLO consults with real estate buyers and sellers to advise them on the most effective ways to minimize liability and ensure a smooth transaction.

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