What if the vendor is lawyer and he insist the purchaser issue 3% earnest deposit under his name instead of agency or lawyer firm. Shall we proceed? Or any way to protect? Anyone experience this kind of cases

Appoint your own lawyer to prepare the S&P. U can ask yr lawyer to pay booking the vendor on your behalf as stakeholder.

I agree with Edward & PNK. The cheque should be under Law Firm's name. And appoint your own lawyer.

So in other words... both seller and buyer need to appoint separate Law firms to handle the transaction?

@evatan88 thanks for sharing