Plain-English Term Explainer
Explain a transaction term in plain English with a short hypothetical example and a separate list of details to verify locally.
The prompt
Explain [transaction term] to a first-time buyer in [state]. Use this redacted context only to choose what needs explanation: [context or none]. Keep the explanation and one clearly labeled hypothetical example under 100 words combined. Then add a separate "Verify locally" list covering the state rules, contract language, deadlines, or forms that may change the answer. Keep it educational, do not apply it to a client decision, and do not present legal advice.
Replace the [highlighted] parts with your own verified details before you run it.
When to use this prompt
- Answering a buyer's "wait, what's earnest money?" text with something better than a Wikipedia link.
- Building a glossary for your buyer-consultation packet.
- Prepping plain-English explanations before a first-time-buyer consult.
What to give the AI
- The term and a redacted summary of the question prompting it, if context is useful.
- Your state so the verification list is pointed in the right direction.
What to verify before sending
- Compare the explanation with how the concept works in your state and on your forms. Generic AI answers often miss these differences.
- That the example stayed clearly hypothetical and did not mirror a real client's numbers.
Your responsibility
This is education, not legal advice. How a contingency or deposit operates depends on your state's contract. Verify the explanation with your broker or attorney before presenting it to a client.
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