Does the deposit check determine when a listing is marked Under Contract- CTS or Under Contract?

No, neither status is determined by a deposit check from the Buyer.  These statuses are based on an executed contract signed by the Seller and Buyer (and whether or not the property is being kept on market for additional showings and backup offers).

It is also not dependent on the satisfaction of any contingencies or conditions of the contract which must be met prior to closing.

Related articles :

Change to Under Contract- Continue to Show

Change to Under Contract

Contract Date field

Making status changes on the MLS

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