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LSDefine

Simple English definitions for legal terms

earnest money

Read a random definition: Q.C.

A quick definition of earnest money:

Earnest money is a deposit that a person pays when they want to buy something, usually real estate. It shows that they are serious about buying it and will complete the transaction. If the person doesn't follow through with the purchase, they may lose the earnest money. The amount of earnest money can be a lot of money, but it is important to show that the buyer is committed to the purchase.

A more thorough explanation:

Definition: Earnest money is a deposit made by a potential buyer, usually in real estate, to show that they are serious about buying the property. The deposit is often held in escrow and can be forfeited if the buyer fails to complete the transaction.

For example, if someone wants to buy a house, they may put down a deposit of $10,000 as earnest money. This shows the seller that they are serious about buying the house and are willing to put down a significant amount of money to secure the deal. If the buyer fails to complete the transaction, the seller may keep the earnest money as compensation for the time and effort they put into the sale.

Earnest money is not always required to make a purchase agreement binding, but it can be an important part of the process, especially in competitive real estate markets where multiple buyers may be interested in the same property.

earnest | earnest-penny

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WorthlessAttractiveZombie
17:58
true
what the hell have i walked into 😭
WorthlessAttractiveZombie
18:00
we're talking about the jobs we want after we get into law school
oh yeah, sure!
babycat
18:03
Yeah but do you prefer a hand job to oral? I feel like I’ve never met anyone who likes that better. I guess the perk is that it’s less messy?
BulbasaurNoLikeCardio
18:04
Did the TAMU interview, my dog that is like a husky decided to stick his snoot under the door crack deepy snort/inhale then YYEEELLLLL during my last answer so yeah hopefully they love dogs.
BulbasaurNoLikeCardio
18:04
not sure what conversation is being had but blowie beat a handjob, i can just give myself a handie
babycat
18:06
@BulbasaurNoLikeCardio: this is exactly what I’m saying! you get it
18:06
hello
JumpySubsequentDolphin
18:06
hi Eggan
18:06
after a long day at work i come home to no decisions
18:07
daily "berk td" imminent
18:07
berk today :eyes:
BulbasaurNoLikeCardio
18:07
and if we are being real, I give myself a much better handie then any girl ever has
JumpySubsequentDolphin
18:07
😧
BulbasaurNoLikeCardio
18:08
@Eggan: no decision beats an R
babycat
18:09
@BulbasaurNoLikeCardio: you have more practice
windyMagician
18:10
how is a blowjob less messy than a handjob? you can swallow it
BulbasaurNoLikeCardio
18:10
@babycat: exactly, like its much faster lmao
BulbasaurNoLikeCardio
18:11
If swallowing is involved I think it turns more towards a blowie like if your mouth is going there for the big finish why not just have it there from the start and skip the handie
JumpySubsequentDolphin
18:12
maybe she has tmj
WHAT DID I COME BACK TO AGAIN
WorthlessAttractiveZombie
18:12
Yeah I cant explain this one jack
babycat
18:12
Lol I just meant if it’s sloppy spit gets everywhere
BulbasaurNoLikeCardio
18:14
They make those drooling pill/candy things that make sloppy toppy extra sloppy
WorthlessAttractiveZombie
18:15
bulbasaur, send the links please...it's for a friend
windyMagician
18:15
but if it's a handjob cum will also get everywhere??
BulbasaurNoLikeCardio
18:17
@WorthlessAttractiveZombie: go to any sex/adult store they always got them up front. Don't wanna display my sex life but they work wonders
WorthlessAttractiveZombie
18:17
that'll be a stocking stuffer for sure lol
BulbasaurNoLikeCardio
18:17
@windyMagician: that is my thought too, makes the handie messier
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