Why canât information be deleted from the credit report? Experian stores information from credit grantors and public records in compliance with the Fair Credit Reporting Act. When you use credit, a record of your payment history is reported to credit reporting agencies.
(Updated March 4, 2016) No. Earnest money is not necessary to make an otherwise accepted offer into a valid contract. Earnest money is a buyer-performance item required to be deposited after a contract is fully executed. A contract could become effective even if no earnest money is required in the agreement.
A. No, unless specifically directed to by your broker. Once you receive earnest money in behalf of your broker, the decision as to whom and when the money should be remitted rests solely with the broker. See License Law 43-40-25 (a )( 3) & (23) & Rules 520-1-.08.