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LSDefine

Simple English definitions for legal terms

hand money

Read a random definition: prime serjeant

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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glovediedthisishismom
13:24
thats definetly horsey on an alt
glovediedthisishismom
13:24
no way any professor did that
13:25
thrifted a vintage burberry suit today and feeling unstoppable
Dkk
13:26
Nice
glovediedthisishismom
13:26
im in the field like a defensive lineman im always in saks 💯
1a2b3c4d26z
13:26
That's awesome
1a2b3c4d26z
13:26
real ones shop at bergdorf
13:28
real ones shop at YMH
triplethread
13:28
i missed another fordham wave
triplethread
13:28
mamas getting denied
JumpySubsequentDolphin
13:29
the bergdorf on 5th Ave in NYC is so
JumpySubsequentDolphin
13:29
it feels like home
Dkk
13:29
I'm at your mommas house rn: https://x.com/Mansavelli_/status/1648073454665572352
triplethread
13:29
im addicted to reacting to all of the decisions
triplethread
13:29
with the emojis
HopefullyInLawSchool
13:29
I shop at Joe
HopefullyInLawSchool
13:29
Joe's
glovediedthisishismom
13:30
i shop at tawget
glovediedthisishismom
13:30
im dawk gawthic maga
triplethread
13:30
i shop at giant eagle
ForDizzyDJoy
13:31
How did i miss Fordham and American’s wave and I applied in september 🙃
13:33
Lol UC Davis took me of ED and put me in RD
13:34
surprised I didnt get straight denied
HopefullyInLawSchool
13:34
they emailed you/
HopefullyInLawSchool
13:34
?
13:35
@HopefullyInLawSchool: Yea, I just got it
i just want a cornell ii :(
13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
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