How Section 32 of OREF 001 Helps Calm Buyers Earnest Money Jitters

If your buyer is feeling nervous about depositing earnest money and wondering if it is protected in escrow, point them to Section 32 of OREF 001 – Residential Real Estate Sale Agreement. This section clearly instructs escrow to hold all earnest money on deposit until they receive written instructions on how to disburse those funds from both parties or an order from a court or arbitrator.

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