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Asset #: RELEASE OF EARNEST MONEY Release of Earnest Money and Termination of Contract Between the Undersigned Parties Concerning the Property at: Property Address City State Zip Code Contract Dated:

How to fill out release of earnest money

How to fill out release of earnest money:

1. Obtain the release of earnest money form from the appropriate party, such as the seller or the escrow agent.
2. Fill in the necessary details on the form, including the names of the buyer and the seller, the property address, and the amount of earnest money being released.
3. Indicate the reason for the release of earnest money, whether it is due to a successful inspection, a terminated contract, or any other relevant circumstance.
4. Both the buyer and the seller should sign and date the release of earnest money form.
5. Make copies of the completed form for your own records and notify the appropriate parties, such as the seller, the real estate agent, or the escrow agent, that the release of earnest money has been filled out.

Who needs release of earnest money:

1. Buyers who have placed earnest money deposits on a property and wish to have it returned to them.
2. Sellers who have accepted an offer and want to release the earnest money back to the buyer due to a terminated contract or for any other valid reason.
3. Real estate agents and escrow agents who are responsible for handling the earnest money and facilitating its release to the appropriate party.

For pdfFiller’s FAQs

What is release of earnest money?

Release of earnest money is when the funds held in escrow as part of a real estate transaction are released back to the original depositor.

Who is required to file release of earnest money?

The party holding the earnest money, usually the escrow agent or the seller's real estate agent, is required to file the release of earnest money.

How to fill out release of earnest money?

To fill out a release of earnest money, the party holding the funds must complete a form provided by the escrow company or real estate agent, including details such as the amount to be released, the names of the parties involved, and any relevant dates.

What is the purpose of release of earnest money?

The purpose of the release of earnest money is to return the funds held in escrow to the depositor once the conditions of the real estate transaction have been met or the deal has fallen through.

What information must be reported on release of earnest money?

The release of earnest money form typically requires information such as the amount of money being released, the names of the parties involved, the property address, and the reason for the release.

Can I create an electronic signature for the release of earnest money in Chrome?

Yes. By adding the solution to your Chrome browser, you can use pdfFiller to eSign documents and enjoy all of the features of the PDF editor in one place. Use the extension to create a legally-binding eSignature by drawing it, typing it, or uploading a picture of your handwritten signature. Whatever you choose, you will be able to eSign your release of earnest money in seconds.

Can I create an electronic signature for signing my release of earnest money in Gmail?

It's easy to make your eSignature with pdfFiller, and then you can sign your release of earnest money right from your Gmail inbox with the help of pdfFiller's add-on for Gmail. This is a very important point: You must sign up for an account so that you can save your signatures and signed documents.

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