Deposits held in escrow until delivery of deed.

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  5. Deposits held in escrow until delivery of deed.

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43-15A-23. Deposits held in escrow until delivery of deed.

Any deposit made with a reservation to purchase or a contract to purchase shall be held in escrow in a separate fund for such deposits designated as such until the deed for which a deposit was made is delivered to the depositor.

Source: SL 1975, ch 270, §12.


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