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EARNEST MONEY CONTRACT COMMERCIAL BUILDING * * * * * * * * * * This is a Contract whereby Robert B Taylor and Tammy K Taylor (“Seller “), agrees to sell to (“Buyer “), who agrees to purchase,
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How to fill out earnest money contract
How to fill out earnest money contract
01
Read the earnest money contract thoroughly.
02
Fill in the buyer's and seller's information accurately.
03
Specify the property details, including address and legal description.
04
State the purchase price agreed upon by the buyer and seller.
05
Indicate the amount of earnest money deposit to be paid by the buyer.
06
Mention the acceptable forms of payment for the earnest money deposit.
07
Include any contingencies or special conditions agreed upon by both parties.
08
Clarify the timeline for the deposit and any deadlines for performance.
09
Provide space for the signatures of the buyer, seller, and any applicable agents or attorneys.
10
Make copies of the signed earnest money contract for all parties involved.
Who needs earnest money contract?
01
Buyers who are making offers to purchase real estate.
02
Sellers who want assurance that the buyer is serious about the purchase.
03
Real estate agents or brokers facilitating a property transaction.
04
Attorneys assisting clients with real estate transactions.
05
Investors or developers engaging in real estate deals.
06
Anyone involved in a real estate transaction who wants to protect their rights and interests.
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