Getting ready to shop for a home? An important part of the home buying process is making an earnest money deposit, or “EMD.” Also known as a “good faith deposit,” earnest money is a lump ...

Torrent Group’s bank guarantees, submitted as earnest money deposit (EMD) for Reliance Capital (RCap)’s resolution process, are required to be released, while the petition pending before the ...

Once you and the seller agree on a price and sign a mutually acceptable purchase agreement, your real estate agent will collect your earnest money—sort of like a good faith deposit which is ...

Earnest money is a deposit made by the prospective buyer to the seller that “holds” the property for the buyer until the deal is complete. In exchange for this earnest money, the seller takes ...