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A real estate earnest money deposit receipt is a document that the property seller gives to the buyer after the purchase agreement has been entered into. The earnest money deposit is a show of sincerity on behalf of the buyer and it also serves to legitimize the agreement for a certain amount of time.
Usually, if the buyer is unable to purchase the property, their earnest money deposit is returned to them but there are cases where it is forfeit. If, on the other hand, the seller attempts to cancel the agreement after the terms have been decided then the buyer sue and force the sale.
Use the template provided on this page or take advantage of our receipt creator. With the second option, you’ll be asked a series of simple questions that help ensure you’re entering the right information in the right place and can create a legal document in minutes.
Conversely, if you’re creating the document with our template, make sure you fill in every field that’s left blank within it. Pay close attention to the earnest money amount space which should be recorded in words and figures. Other important areas are the property address, the date of contract (in reference to the purchase agreement). Fill in all the other fields then the earnest money holder, which is the property seller, will sign the document.