Earnest Money Release Requirements

Conditions or requirements necessary to release earnest money

Only 3 ways earnest money may be released:

If the contract is breached by the seller, the buyer may receive their earnest money back. Earnest money is delivered within three days of a signed and accepted offer, and may be paid via personal check, certified check, or wire transfer.

If the seller will not cooperate, your buyer will either have to wait two years from the deposit date or initiate legal action.

Never promise your buyer that they will get their earnest money back or a seller they will get to keep the buyer's earnest money!

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