Fox & Moghul - Attorneys at Law
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Fox & Moghul - Attorneys at Law
Fox & Moghul - Attorneys at Law | Corporate Real Estate Law - Fairfax, VA
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What is (EMD Real Estate) Ernest Money Deposit?
This money has to be deposited by the buyer to make sure that every transaction in the real estate deal real estate attorney in Loudoun county is done in compliance with the contract. There is no fix amount of EMD and it depends on the property being bought, generally, the EMD is negotiated between the buyer and the seller of a roperty, when the contract is being signed; your real estate agent guides you how much amount should you deposit for EMD. Once you have negotiated the amount of EMD, it is to be deposited in an escrow account held by an escrow agent. Real estate settlement agent or your real estate broker can act as your escrow agent.
By Fox & Moghul - Attorneys at Law3 years ago in Journal
How to get a real estate power of Attorney
How To Get A Real Estate Power Of Attorney is a big question ? For instance, the buyer or seller may live outside of the state of Maine and will not be able to attend the closing meeting. Or the seller may no longer be able to conduct their business.
By Fox & Moghul - Attorneys at Law3 years ago in Journal
