Legal Question in Real Estate Law in Utah

Ernst money

What steps need to be taken to get ernst money from a buyer that sounldn't get his loan.


Asked on 8/16/07, 1:29 pm

1 Answer from Attorneys
Alvin Lundgren Alvin R. Lundgren, L.C.

Re: Ernst money

Most earnest money agreements for the purchase of property are subject to the buyer getting a loan. If the loan is not obtained, the buyer cannot be compelled to perform. Read the earnest money agreement carefully, it sets forth the rights of buyer and seller.

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Answered on 8/16/07, 5:08 pm


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