Last reviewed 08-20-2026Short-Sale.com Editorialglossary
BINDER
California Department of Real Estate
Updated 08-20-2026
BINDER
An agreement to consider a down payment for the purchase of real estate as evidence of good faith on the part of the purchaser. Also, a notation of coverage on an insurance policy, issued by an agent, and given to the insured prior to issuing of the policy.
California Department of Real Estate Glossary
California Department of Real Estate · p. 5
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