A question of millions of dollars and there is no correct answer to this question. It`s a “catch 22” situation for me, as I answer that question. I always link Token Money to the risk associated with the real estate transaction. More risk, less token money and vice versa. The risk component varies from client to client and there is no mathematical formula to calculate the same. In this post, if we assume that only risk is the type of document/instrument that is signed for token money, then, in my opinion, the ideal amount of token money as follows is the advance that a buyer pays to the seller after entering into an oral agreement for the purchase of his property. See also: COVID-19: How to accept money from tokens online? (h) Death of a buyer/seller: If God forbids it and something happens to the buyer or seller before the end of the real estate transaction. However, since this document has no legal validity, because it has not been registered, it most often serves as proof of payment and not as a legally valid document that could be presented to the courts in the event of a dispute. As I keep pointing out that the money from the tokens should be paid by the buyer as soon as he has clarification on how he will arrange money for the transaction. If the buyer does not arrange the money, he will lose all the money from the tokens. Paying the token money is imp because the seller does not share a copy of documents for home loan processing until the buyer pays the token money…