A buyer's earnest money must be deposited by what date if the offer is accepted on May 5 with a two-business day condition?

When an offer is accepted on May 5 with a condition requiring that the buyer's earnest money be deposited within two business days, it's important to calculate the deposit deadline accurately by considering the working days that are excluded from this timeframe.

Starting from May 5, the first business day would be May 6. The second business day would then follow on May 7. Therefore, the earnest money must be deposited by the end of the business day on May 7. This timeline adheres to typical practices in real estate transactions, where weekends and holidays are not counted as business days.

Thus, the correct answer indicates the due date of May 7 for the earnest money deposit, ensuring that all parties adhere to the agreed-upon terms in a real estate contract.