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Which of the following statements is FALSE regarding earnest money? Earnest money should be placed in an escrow account. Earnest money is required with all

Which of the following statements is FALSE regarding earnest money?

Earnest money should be placed in an escrow account.

Earnest money is required with all contract offers.

Earnest money is typically in the form of a check.

Personal property can be offered as an earnest deposit.

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