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while the basics of real estate agreements and sales are covered in other presentations this presentation will focus on common clauses in real estate contracts we will discuss the natures of the clauses and their purposes in the text below this video we are linking to a sample contract with these clauses and more included so please feel free to review this for context this presentation will cover three of the most important real estate contract provisions and another presentation will cover several more the first Clause is earnest money and forfeiture by bdocHub real estate contracts call for a specified amount to be paid at the time of the signing of the agreement with the remaining duit closing this amount known as earnest money is also sometimes referred to as a downpayment though it shouldnt be confused with the down payment that mortgagors pay in addition to the amount of their mortgage loan to complete the payment the amount of the earnest money can vary widely and while the Nat