# Real Estate Exam [Texas] 25, Earnest Money Deposit Rules

Page: https://stenobird.com/podcast/real-estate-exam-prep-7644240/real-estate-exam-texas-25-earnest-money-deposit-rules
Text version: https://stenobird.com/podcast/real-estate-exam-prep-7644240/real-estate-exam-texas-25-earnest-money-deposit-rules.md
Podcast: [Real Estate Exam Prep](https://stenobird.com/podcast/real-estate-exam-prep-7644240)
Published: 2026-05-10T00:21:14+00:00
Episode link: https://open-exam-prep.com/
Audio file: https://episodes.captivate.fm/episode/27ca0827-e9ed-4ca6-8184-840c6faf85ad.mp3
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Duration seconds: 186

## Resource

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The amount of earnest money is negotiable and not a legally mandated percentage in Texas. - Earnest money must be delivered to the escrow agent, typically a title company, within 3 days of the contract's effective date. - If a buyer defaults without a valid contingency, the seller is generally entitled to keep the earnest money. - If a seller defaults on the contract, the buyer is entitled to a full refund of their earnest money. - The crucial difference between earnest money (a refundable good-faith deposit) and the option fee (a non-refundable payment for the right to terminate). For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

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## Transcript

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