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Get Earnest Money Receipt

Earnest Money Holder, on the date set forth above, acknowledges receipt of the. Earnest Money in the amount ofS in the form of. , to be held by Earnest Money .

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An earnest money contract is a private arrangement between a buyer and a seller to make a prior commitment to acquire property or real estate official. It is also sometimes called an advance. When the buyer signs the contract, they must pay an amount agreed by the parties as a deposit.

An earnest money deposit says you're committed as a buyer. ... If you back out of the deal for reasons that have nothing to do with the home inspection or the appraisal, the seller can keep your money. On the other hand, if everything is moving along smoothly and the buyer decides to back out, you can get the deposit back.

2:46 11:43 Suggested clip How To Fill Out A Real Estate Purchase And Sale Agreement ...YouTubeStart of suggested clipEnd of suggested clip How To Fill Out A Real Estate Purchase And Sale Agreement ...

An earnest money deposit is usually paid to a title company, escrow company, or real estate brokerage when an offer is made to buy a home. This entity prepares a deposit receipt to prove the buyer actually handed over the earnest money deposit. ... The receipt number. The escrow number.

0:00 11:43 Suggested clip How To Fill Out A Real Estate Purchase And Sale Agreement ...YouTubeStart of suggested clipEnd of suggested clip How To Fill Out A Real Estate Purchase And Sale Agreement ...

Earnest money is always returned to the buyer if the seller terminates the deal. While the buyer and seller can negotiate the earnest money deposit, it often ranges between 1% and 2% of the home's purchase price, depending on the market.

Generally, these funds are held in an escrow account managed by the buyer's real estate agent or the title company. The deposit is then applied to your closing costs or returned to you at closing. Earnest money funds are usually applied to a loan's closing costs or to the down payment.

The earnest money receipt form is a helpful took for any title company, escrow agent, real estate broker or other professional who manages real estate contract details. The form includes fields for important details about the buyer and seller and the amount of the purchase price and the earnest money check.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232