The Meaning of the 'Arbun Sale and Its Ruling
Machine translationRead the Arabic original
Question:
May Allah reward you. Honorable Shaykh, the questioner, who owns a property, asks: What is the standard for the 'arbun (earnest money) that a real estate agent takes, and if the sale is not completed, is the 'arbun returned?
Answer:
The 'arbun for the owner of the property is not a binding commitment for the owner to pay part of the price if he buys something from him. He has the option; he has the option, meaning it is not a definitive sale, but a sale in which there is an option. So he takes the 'arbun. If he completes the sale, he completes the price. If he completes the sale, he completes the price. And if he backs out of the sale, the 'arbun belongs to the owner of the property. Yes.
May Allah reward you. Honorable Shaykh, the questioner, who owns a property, asks: What is the standard for the 'arbun (earnest money) that a real estate agent takes, and if the sale is not completed, is the 'arbun returned?
Answer:
The 'arbun for the owner of the property is not a binding commitment for the owner to pay part of the price if he buys something from him. He has the option; he has the option, meaning it is not a definitive sale, but a sale in which there is an option. So he takes the 'arbun. If he completes the sale, he completes the price. If he completes the sale, he completes the price. And if he backs out of the sale, the 'arbun belongs to the owner of the property. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [3811] معنى بيع العربون وحكمه - صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.
