In real estate, earnest money is a deposit paid by a buyer to demonstrate ... stipulates slightly different definitions than Minnesota statutes. Is Earnest Money Refundable? Earnest money isn ...

Usually, in a rent-to-own arrangement, the rent is above fair market value, since some percentage will be applied to a tenant’s earnest money deposit. (iStock) Perspective by Harvey S.

In those cases, the seller should have the right to retain the buyer’s earnest money deposit and/or sue for additional damages. The financing contingency addendum provides that the contract will ...