Contracts
An earnest money dispute between buyer and seller in Georgia is typically resolved by:
AGREC ordering disbursement
BThe broker holding the funds in escrow until the parties agree or a court orders release✓ Correct
CThe closing attorney automatically refunding to the buyer
DThe seller automatically keeping the earnest money
Explanation
When buyers and sellers dispute earnest money, the broker should hold the funds in escrow until the parties reach an agreement or a court issues an order for disbursement. GREC does not order disbursements.
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