Insured by Northbridge General Insurance Corporation rated “A” (excellent) by A.M. Best, “A-” (strong) by S&P, and “A” (good) by DBRS.
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In the event the Buyer does not close the purchase of the property, and is in default, Deposit Rocket takes instruction from the Deposit Holder, usually the Listing Broker or the Seller's Lawyer, and subject to the terms and conditions of the Bond, ( Clause 8 and 9) Deposit Rocket will pay the Deposit Holder the determined deposit within 3 business days.