Quote:
Originally Posted by Elaina
Sosia,
¿Qué significa "pagar una señal"? Is that like a "down-payment"? Is this also true for your second example?
Elaina
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At first I thought it was maybe a
deposit or
down payment, but after thinking about it, it sounds more like an
earnest money deposit or a
good faith deposit. Earnest money is a deposit you make with a third party, usually an escrow company, that tells the seller you are serious about buying, but the money isn't released until the transaction closes.