Especially when holding & procurement are factored in..

Procuring The Contract - I have researched multiple ways to "procure the contract" on the property; Double Closing, Assignments, and LLCs.

Virtually everyone I know uses debt to procure commercial real estate product.

Early principal payment has different utility based on the type of loan you procure.

The reserve is set by Auction.com and if you agree to it, then the marketing fees to the seller is free, if not, then you need to make a deposit for the marketing and they will refund it if it procures a contract.

Xing ZhuThe laws are different in every state, but many states have procuring cause laws.

Affiant further certifies that she has read or caused to be read to her the full facts of this affidavit, and understands its contents. 6.Affiant hereby confirms that this loan is being procured for business purposes by a business entity and that she, as the borrower, and/or the representative of the borrower, is a sophisticated investor engaged in the business of real estate investment and has had sufficient time to shop for prices, interest rates and terms for this loan.

You should call it a "Nonrefundable Holding Fee" that converts to a security deposit once a lease is signed.I see that parroted often on the internet.However, our attorneys here say it's perfectly OK to call it a deposit.A deposit doesn't have to be FULLY refundable, just like security deposit.But of course, no matter what you call it, explain the terms in the receipt.

@Marisa Alvarez The HOA by-laws will state the board is required to procure insurance for the HOA. 

I sold a 5 million dollar apartment complex a few years back ( was the procuring real estate broker) and they paid cash..