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Real Estate Exam [Texas] 37, Earnest Money Disputes and Default Remedies
Published 1 month ago
Description
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- What happens when there is a dispute over earnest money and the title company's role, including filing an interpleader.
- The requirement and process for mediation in Texas real estate contract disputes.
- The difference between specific performance and monetary damages as remedies for default.
- The specific remedies available to a seller when a buyer defaults on the contract.
- The options a buyer has when a seller defaults on their contractual obligations.
For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep