Get Earnest Money Receipt And Purchase Agreement

Filling out the earnest money receipt and purchase agreement is an essential step in the real estate transaction process. This guide will help you navigate through the document online, ensuring that you complete each section accurately and efficiently.

Follow the steps to fill out the form correctly.

1. Click ‘Get Form’ button to access the document and open it in the online editor.
2. Begin by entering the date at the top of the form. This is the date on which the agreement is being executed.
3. Fill out the seller's information, including the name and address. Ensure all details are accurately represented.
4. Insert the legal description of the property in the designated section. This typically includes the assessor parcel number and any other relevant identifiers.
5. State the purchase price in the specified field. Write the total amount in dollars and cents, ensuring clarity and precision.
6. Complete the earnest money receipt section by indicating the down payment amount and the trust account where it is being held.
7. Review the title section and confirm that you understand the seller’s warranties regarding the title’s condition. Ensure the seller will provide a preliminary title insurance commitment within 15 days.
8. Fill out the escrow and closing costs section, specifying which costs will be shared between the parties.
9. Detail the closing date. Ensure you understand the terms regarding closing and any contingencies involved.
10. Address the possession clause, indicating when the property will be transferred to the buyer.
11. Confirm any conditions related to assembly approval, hazardous materials, and other miscellaneous provisions outlined in the document.
12. Finally, save your changes. You can download, print, or share the completed form as needed.

Complete your documents online today for a smooth transaction process.