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LSDefine

Simple English definitions for legal terms

hand money

Read a random definition: wilful

A quick definition of hand money:

Hand money: Money paid in cash to show that someone is serious about buying something, like a house. It's like a promise to buy, and if the person doesn't follow through, they might lose the money they paid. In some cases, it can be a lot of money.

A more thorough explanation:

Definition: Hand money refers to money paid in cash to bind a bargain or show a good-faith intention to complete a transaction. It is also known as earnest money.

Example: In the context of real estate, a prospective buyer may pay hand money to the seller as a deposit to show their intention to buy the property. This money is usually held in escrow and may be forfeited if the buyer defaults on the transaction.

Explanation: Hand money is a way for buyers to demonstrate their commitment to a transaction and for sellers to ensure that the buyer is serious about the purchase. The amount of hand money paid can vary depending on the transaction, but it is usually a percentage of the purchase price. If the transaction goes through, the hand money is applied towards the purchase price. If the buyer defaults, the hand money may be forfeited to the seller as compensation for any damages incurred.

handicapped child | hand note

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does anyone ever think about how we have no idea who everyone else here is? like you guys dont know me at all thats so crazy cause i talked to you more than ppl irl today
i'm a hallucination
the hat man
HopefullyInLawSchool
16:03
isnt r&r a t50?
keep popping benadryls and ill stay online
law school chat roulette
[] baddestbunny
16:04
living out the plot of the movie unfriended in the yale invite-only webinar
You were only invited to round out the numbers anyway lol
Dkk
16:05
I'm too old to r&r, just gunna kms rn.
Dkk
16:05
Gotta get this show on the road.
Dkk
16:05
Lmfao
JumpySubsequentDolphin
16:05
washu stop emailing me while I’m waiting for a decision challenge
[] baddestbunny
16:05
I'm not in their webinar I just thought it would be a funny thing to have happen
[] baddestbunny
16:05
bc I have a sense of whimsy and imagination
Ah, youre a worm gorl'
shaquilleoatmeal
16:07
battle of the bunnies
How bout dat ASU wave
letsseehowitgoesnow
16:08
bunny hows it looking out there?
[] baddestbunny
16:08
I just think it's weird when a make a joke about everyone in the yale webinar being tortured by a malevolent spirit and someone says you only got invited to round out the numbers
why
go off queen
[] baddestbunny
16:09
which number am I rounding out? 5'4 women who deserve to be tortured?
someone invited to the yale webinar would get it
[] baddestbunny
16:10
if you don't get invited to the yale webinar canada sends you an email letting u know you qualify for MAID
what's that
Send MA ID
BulbasaurNoLikeCardio
16:16
LawHub blocking me from status checker, guess I ain't going to law school now
"Go touch grass" - Lawhub
BulbasaurNoLikeCardio
16:17
Pretty much lol
BulbasaurNoLikeCardio
16:18
Even though its only second check of the day
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