Earnest money

RECENT NEWS
The Economic Times  Sep 16  Comment 
"The cumulative EMD (earnest money deposit) submitted by seven telecom operators is about Rs 15,000 crore," industry sources told PTI.
The Economic Times  Feb 17  Comment 
"The cumulative EMD (earnest money deposit) submitted by eight telecom operators is about Rs 20,435 crore," an official source said.
The Hindu Business Line  Oct 26  Comment 
Whether the amount deposited with the seller of a property is earnest money capable of being forfeited in the case of non-performance by the buyer, would depend upon the language of the contrac...
Investing School  Sep 30  Comment 
Earnest money, sometimes called a “good faith deposit” or simply “earnest”, is a deposit made to a seller to show that the buyer is serious about the purchase. Most commonly used in real estate purchases, earnest money may be put down in...




 
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