Good Faith Money
Good Faith Money
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive
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Real estate agents hold good faith money. Insurance agencies and brokers hold money for clients, which is supposed to be used to pay that client's premium.
Licensors who don't have a premium property say some guarantees at this point, in the words of one, "are so minimal it amounts to good faith money."
As a result, Williamson has received some good faith money from the Society and plans on setting his P.I.
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