Talk:Earnest payment

Latest comment: 9 years ago by Raaburley in topic "laws vary if the buyer fails to perform"

Translation edit

What is the translation of the phrase Et cepit de praedicto Henrico tres denarios de Argento Dei prae manibus? --Kalbasa (talk) 14:52, 30 December 2008 (UTC)Reply

>? I have put a rough translation in the text - the trouble with old English is that the cultural/religious implied meanings have faded - hence the square brackets. Any scholars out there can check my interpretation? I can not actually find where in Black's 6th edition this may appear - anybody got a copy to give 'chapter and verse? Timpo (talk) 14:11, 21 September 2012 (UTC)Reply

Wiktionary edit

This should be in wiktionary, not here. Moreover 'earnest' is an adjective, not a noun, so shouldn't have an article about it. Ben Finn (talk) 14:12, 21 November 2010 (UTC)Reply

>? Not necessarily, I think - "an earnest" in law is ""A token or an Act of Good Faith" so it can be either part of a compound noun or simple adjective, as you suggest.Timpo (talk) 14:11, 21 September 2012 (UTC)Reply

Earnest money is an important concept in law, and there's a lot more than a mere dictionary definition involved here. There are several sections in American Jurisprudence involving this topic for instance. —/Mendaliv//Δ's/ 18:54, 30 October 2012 (UTC)Reply

"laws vary if the buyer fails to perform" edit

this needs to be elaborated on! it should say something like, "laws vary if the buyer fails to perform, but can include the buyer forfeiting the deposit, or etc etc. — Preceding unsigned comment added by Gawdsmak (talkcontribs) 21:51, 13 September 2013 (UTC)Reply

I took out the section on luck money as the phrase relates to a different concept. Luck money, most commonly, is a token payment made by the buyer to the seller so that the transaction will be lucky. The practice that was described, of giving a coin with the sale of a knife, occurs for the same reason but the luck piece moves in the opposite direction (from seller to buyer) and therefore I would distinguish it as a separate but linked custom. There is also 'luck penny insurance'. — Preceding unsigned comment added by Raaburley (talkcontribs) 08:27, 7 August 2014 (UTC)Reply