Free earnest money agreement formEarnest Money Agreement • June 7th, 2023
Contract Type FiledJune 7th, 2023A sum of $(Amount of Deposit) has been received from the [Buyer.FirstName][Buyer.LastName][Buyer.Company], in the form of check/cash payable under the name of [Seller.FirstName][Seller.LastName][Seller.Company] as Earnest Money on (Date of Receiving the Deposit), in part payment of the buying price of the property comprising of (Property Area in Sq. Ft.), located at (Address of the Property).[Seller.FirstName][Seller.LastName] is in the process of selling the property as mentioned above, whose total sale price stands at $(Insert Sales Price).Both parties agree that the Earnest Money indicates good faith, reflecting an acceptable form of the sale price's partial payment.Considering the mutual covenants and premises, both parties agree to the following terms and conditions mentioned in this agreement.[Seller.FirstName][Seller.LastName] will retain the amount of Earnest Money received from [Buyer.FirstName][Buyer.LastName], which will be credited to the total sale price payable by the buy