Seller defaults closing date trial#

Required to pay back the buyer's earnest money Trial Alternative Dispute Resolution The resolution of disputes by various means including, but not limited to negotiation, mediation, and arbitration, is known as.?Ĭivil dispute resolution 16 Mediation is discussed in which of the following paragraphs.?Ģ1 T (True) All matters discussed during mediation are confidential.?į (False) 17 Attorney's fees are discussed in which of the following paragraphs.?Ģ1 Escrow agent The neutral third party holding funds or something of value in trust for another or others is referred to as a.?Įxecutor 18 Escrow is discussed in which of the following paragraphs.?Ģ2 All of the above According to paragraph 18, the escrow agent is not.?Īll of the above Cash down payment At closing, the buyer's earnest money must be applied first to any.?Įscrow fees In default of the contract According to paragraph 19, if any representations made by the seller which are untrue on the closing date, the seller shall be.? Notice Mediation A form of alternative dispute resolution in which the parties to a lawsuit meet with a neutral third-party in an effort to settle the case is known as.?

Seller defaults closing date