Contracts
Under the NC Offer to Purchase, the 'earnest money deposit' is held by:
AThe seller directly
BThe listing broker or closing attorney in a trust account until closing or earlier termination✓ Correct
CThe buyer's bank until closing
DThe title company's escrow account exclusively
Explanation
Earnest money in a NC residential transaction is typically held by the listing broker or the closing attorney in a trust account per the contract terms.
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