In this exercise, you will have to choose terms denoting various amounts exchanged in property transactions. You have TWO different options.

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The amount paid by the Buyer to demonstrate commitment to carry through a transaction
binder
utilities
rental fee
earnest money
 
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Costs of basic services such as gas, water, etc.
condo fees
purchase price
utility fees
utility charges
 
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Money paid for the use of a real property for a specific period of time
rent
rental fee
maintenance fee
liquidated damages
 
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A sum paid in anticipation of a future transaction, usually refundable if the transaction is not completed
earnest money
purchase price
advance payment
down payment
 
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Money payable to a governmental agency in connection with a real property sales transaction
stamp duty
advance payment
transfer tax
deposit
 
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Terms which can be used for ensuring that the other party returns a leased property in good condition
security deposit
cancellation fee
deposit
advance payment
 
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Last portion of a sum of money payable when a transaction is completed
condominium fee
balance of the purchase price
liquidated damages
last portion of the purchase price
 
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An amount payable in connection with an obligation as a form of security
late payment fee
deposit
utility fees
earnest money
 
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Money paid in the event a contract is not duly performed
liquidated damages
overdue debt
penalty
outstanding debt
 
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Amount charged by a seller for the late performance of the buyer
penalty for delay
late sum
delay cost
late payment fee
 
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