Deposit Receipt
Written acknowledgment that money has been paid by someone as a deposit into an account or for the purchase of property or services. Examples are a receipt given by the bank for a deposit made to a savings or checking account, a receipt given to a buyer of real estate who has made a down payment, and a receipt given to a homeowner by contractor for an advance payment for future services to be rendered.
Popular Real Estate Terms
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Extended area of land commonly held for subdividing and development into residential units. ...
Statement made verbally. It is better legally to have a written statement because verbal ones without witnesses may be denied. ...
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Broker employed by and therefore loyal to the buyer. ...

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