Who is deposit given to?

JMR

Registered User
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297
When a purchase price is agreed who does the buyer make the cheque for the refundable deposit out to?
Is it held by the EA or solicitor until completion?

Thanks
 
The booking deposit goes to the EA, they keep it until the sale is completed and then take their fees & outlay out. I imagine it is made payable to them.
 
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