Posted by steve (ga) on November 09, 2002 at 19:17:25:
No law that I am aware of, however it is on all of the “realtor approved” offers for purchase. (Georgia Realtor Association) I usually try to avoid earnest money issues by ensuring the seller that I am serious, and if necessary, I’ll try a promissory note for $250.00 payable after acceptance of home inspection. Sounds rediculous, but people have accepted it.
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