Tennessee earnest money deadline
When the buyer's good-faith deposit has to reach escrow. Miss it and the seller may be able to cancel, so it's usually the first deadline on any deal.
Tennessee REALTORS Purchase and Sale Agreement (RF401)
RF401 (current association copy, 2026)
Earnest Money/Trust Money paid
The form leaves the number of calendar days after the Effective Date blank, so it is whatever the parties negotiated. The deadline is 11:59 PM local time.
The form leaves the number of days blank. Enter yours.
Source: clarksvilleaor.com · checked 2026-10-16
If it falls on a weekend or holiday
- Earnest Money/Trust Money paid: If it lands on a weekend or holiday, it moves to the next business day.
Calendar days ending at 11:59 p.m. local time where the property is located. Counting starts the day after the Binding Agreement Date. If a performance deadline falls on a Saturday, Sunday or federal holiday, it extends to the next business day. The exceptions, which don't move, are the Closing Date, Date of Possession, Completion of Repair Deadline, and Offer Expiration Date.
Worked example: Tennessee REALTORS Purchase and Sale Agreement
Tennessee REALTORS Purchase and Sale Agreement (RF401). Effective Date Friday, October 16, 2026. Calculated with the same rules as the calculator.
| Deadline | Date |
|---|---|
| Earnest Money/Trust Money paid uses 3 days as a placeholder because the form leaves it blank | Monday, October 19, 2026 |
Negotiated a different number?
Change it in the calculator and every date that depends on it recalculates.
Open the Tennessee calculatorFrequently asked questions
How is the "Earnest Money/Trust Money paid" calculated on the Tennessee REALTORS Purchase and Sale Agreement (RF401)?
The form leaves the number of calendar days after the Effective Date blank, so it is whatever the parties negotiated. If it lands on a weekend or holiday, it moves to the next business day. It ends at 11:59 PM local time.
Do weekends count for this deadline in Tennessee?
Calendar days ending at 11:59 p.m. local time where the property is located. Counting starts the day after the Binding Agreement Date. If a performance deadline falls on a Saturday, Sunday or federal holiday, it extends to the next business day. The exceptions, which don't move, are the Closing Date, Date of Possession, Completion of Repair Deadline, and Offer Expiration Date.
Something missing or incorrect?