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Exhibit “A “EARNEST MONEY CONTRACT STATE OF TEXAS COUNTY OF HARRIS This Earnest Money Contract is made and entered into this day of, 2014, by and between the CITY OF BAYTOWN, a municipal corporation

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How to fill out this earnest money contract

01

Begin by obtaining an earnest money contract form from a legal or real estate professional.

02

Fill in the date and the names of the buyer and seller at the top of the contract.

03

Provide a detailed description of the property being bought or sold, including the address and any relevant legal descriptions.

04

Specify the purchase price of the property and any additional terms or conditions agreed upon by both parties.

05

Outline the amount of earnest money being deposited by the buyer as a show of good faith.

06

Determine the deadline for the buyer to deliver the earnest money to the seller or a designated escrow agent.

07

Include any contingencies or conditions that must be met for the contract to remain valid.

08

State the consequences for defaulting on the contract, such as forfeiture of the earnest money.

09

Include spaces for the signatures of both buyer and seller, as well as any witnesses if necessary.

10

Review the completed contract thoroughly before signing and ensure all parties involved have a copy of the signed contract.

Who needs this earnest money contract?

01

Homebuyers: Individuals or families looking to purchase a residential property often need an earnest money contract to demonstrate their seriousness and commitment to the purchase.

02

Sellers: Property owners who are selling their homes or other real estate assets may require an earnest money contract to secure a buyer and provide some assurance of their intentions.

03

Real Estate Agents: Agents often use earnest money contracts as part of their standard process to protect their clients and provide legal documentation of the transaction.

04

Developers and Builders: Those involved in real estate development or construction projects may also utilize earnest money contracts to secure commitments from potential buyers or investors.

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What is this earnest money contract?

This earnest money contract is a legal agreement between a buyer and a seller in a real estate transaction where the buyer provides a deposit to show their good faith intent to purchase the property.

Who is required to file this earnest money contract?

The buyer and the seller are required to file this earnest money contract.

How to fill out this earnest money contract?

The earnest money contract can be filled out by including details such as the amount of earnest money deposit, property address, names of buyer and seller, and signatures of both parties.

What is the purpose of this earnest money contract?

The purpose of this earnest money contract is to protect the seller in case the buyer does not fulfill their obligations under the purchase agreement.

What information must be reported on this earnest money contract?

The earnest money contract must include details such as the amount of earnest money deposit, property address, names of buyer and seller, and signatures of both parties.

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