Early payments can create obligations before a purchase is complete. Clarify who receives the money, what the payment legally represents and when it can be returned.
- Recipient: verify the seller’s identity, authority and payment details.
- Payment type: an advance and earnest money may have different consequences.
- Refund terms: agree in writing what happens if due diligence reveals a problem.
This educational content is general information, not legal or investment advice. Check the current rules and the facts of the specific property with qualified local professionals.
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