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so when a real estate transaction is cancelled usually the good faith deposit or the earnest money deposit goes back to the buyer well what if theres not so much clarity as to who gets the earnest money deposit well today were going to be talking about interplayer action and what that entails for you as a buyer or seller and how we go about resolving it so make sure to like and subscribe your support means a lot lets go ahead and get into it [Music] okay so what were going to be talking about today is something that rarely happens but it certainly can and lets go ahead and set the stage real quick for it and that is the earnest money deposit so generally when a buyer goes to make a purchase and they submit the purchase agreement they will include in their offer a earnest money deposit now generally this is between one and three percent which can be pretty docHub so for example if youre looking at a million dollar house uh that can be up to thirty thousand dollars uh general