The buyer of Georgetown Day School’s MacArthur Boulevard campus can still back out of the deal, but earnest money now in escrow would be forfeited, according to GDS Project Manager Kristina Lennox.

Lennox’s update on the sale, which has been in the works since at least December 2017, came Tuesday in a regular quarterly meeting with community members. Lennox did not say the amount of earnest money at risk.

Property inspections are complete and transfer of title to the buyer is expected in June 2020, according to Lennox. GDS then will move its lower and middle school to Tenleytown, where the upper school campus is being expanded.

Many nearby residents have been eager to know the fate of the school site at the east end of MacArthur Boulevard. GDS has identified the buyer as another private school, but not given the name. GDS officials have said that their enrollment at the PK-8 site is capped at 575.