Get Release Of Contract And Disbursement Of Earnest Money - Ok

Filling out the Release Of Contract And Disbursement Of Earnest Money - Ok is an important step in managing real estate transactions. This guide will walk you through each section of the form, ensuring that you provide the necessary information accurately and efficiently.

Follow the steps to complete your form seamlessly.

1. Click ‘Get Form’ button to access the document and open it in the designated editing tool.
2. In the first section, identify the parties involved by entering the names of the Seller and Buyer as they appeared in the original Contract of Sale of Real Estate. Ensure you have the correct legal names and check for any spelling errors.
3. Next, locate the date of the original contract transaction. Fill in the date that reflects when the agreement was made.
4. In this section, describe the real estate involved in the transaction. Input the property address and any relevant identifiers that may assist in clearly identifying the property.
5. You will now state the holder of the Earnest Money. Input the name of the entity or individual who is currently holding the earnest money deposit.
6. Specify the amount of earnest money to be disbursed. Enter the dollar amount in the designated space to ensure transparency in the transaction.
7. Indicate to whom the earnest money should be disbursed. Provide the full name and relevant contact information of the recipient.
8. Both the Buyer and Seller must approve the release by signing and dating their respective sections on the form. Ensure all signatures are clear and that the dates reflect when the approval was given.
9. Lastly, include the signatures of both the Selling Broker and Listing Broker, along with their printed names and any relevant authorized positions.
10. Once you have completed the form, review all entered details for accuracy. After confirming that all information is correct, save your changes, and then download, print, or share the completed document as needed.

Complete your documents online today for a smooth transaction process.