Earnest money is a term most commonly used in real estate transactions. Earnest money is a sum of money a buyer will put down to demonstrate their seriousness about buying a home. Earnest money essentially acts like a deposit on the house you are intending to buy. Generally, earnest money will be around 1% to
Are you thinking about purchasing property? Whether you are purchasing a new home or a piece of land, it is important to understand what covenants and restrictions apply to that property. Restrictive covenants, aka property covenants, tell you what you can and cannot do with your property. Two main purposes of covenants are to limit
