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Deposit is a town in Delaware County, New York, United States. As of the 2020 census, the town's population was 1,427. [2] [1] The town of Deposit is on the western border of the county. It contains a village also named Deposit, the western portion of which is located in the adjacent town of Sanford in Broome County. [3]
An earnest money deposit from the buyer(s) customarily accompanies an offer to buy real estate and the deposit is held by a third party, like a title company, attorney or sometimes the seller. The amount, a small fraction of the total price, is listed in the contract, with the remainder of the cost to be paid at the closing.
Deposit is a village in Broome and Delaware counties in the U.S. state of New York. The population was 1,663 at the 2010 census. The population was 1,663 at the 2010 census. [ 2 ]
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However, if TIC property is sold or subdivided, in some States, Provinces, etc., a credit can be automatically made for unequal contributions to the purchase price (unlike a partition of a JTWROS deed). Real property may be owned jointly with several tenants, through devices such as the condominium, housing cooperative, and building cooperative.
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