What is earnest money? | Dejargoned

Описание к видео What is earnest money? | Dejargoned

With the ongoing Delhi Development Authority (DDA) housing scheme, around 25,000 housing units are on offer. Those interested have to submit an application form, and pay Rs.1 lakh or Rs.10,000 as a registration fee or earnest money (for general or economically weaker applicants, respectively). But what is earnest money?

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