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Deposits on a contract

Kevin and in-studio guest Antonia Mercorella of REIQ, talk contracts:

  • Do I need to pay a deposit?
  • How much should the deposit be?
  • Does the deposit have to be in cash?
  • What happens to the deposit when I hand it over to the agent?
  • Under what circumstance can and should I get my deposit back?
  • What are the risks that I will lose the deposit?
  • Can I get interest on the money in the case of it being a long settlement?

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