A property deed transfer is the legal process of transferring ownership rights from one party to another.
A buyer's agent commission refers to the compensation paid to the real estate agent who represents the buyer in a transaction.
An earnest money deposit is a sum of money, that is typically refundable until all contingencies are waived, that a buyer puts forward as a show of good faith when entering into a real estate transaction.
The listing party has verified their legitimacy and has the legal right to sell this home.