Holding Funds


Definition of "Holding funds"

Cecilia Halim <br>CalBre #01481383
Cecilia Halim
CalBre #01481383
Keller Williams Danville

Funds that are retained in an account until a certain event occurs. For example, a downpayment on a contract held until full payment is received whereupon the holding funds are credited to the full cost of the purchase and the merchandise is delivered to the purchaser.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ