How to Calculate the Earnest Money Deadline in the Residential Contract

There’s now a strict three-day deadline to deliver earnest money in the One to Four Family Residential Contract (Resale) (TAR 1601, TREC 20-14)—except if the deadline falls on a weekend or a legal holiday. The latest Texas REALTOR® Magazine Minute shows the correct earnest money deadline for three possible scenarios so you can be confident in your own calculations.