Contracts
In South Carolina, an 'earnest money dispute' between buyer and seller is resolved by:
ASCREC making the final determination
BThe broker holding funds until both parties agree or a court orders release✓ Correct
CThe closing attorney deciding who gets the money
DThe listing agent splitting the money equally
Explanation
When there's a dispute over earnest money, the broker holding it cannot release it to either party without both parties' written consent or a court order. The broker is a neutral stakeholder.
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