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hi im andy fitzsimmons im your washington realtors legal hotline lawyer and this video is another in our series describing the forms revisions that took effect march 3rd 2021 and in this video i want to talk about earnest money the earnest money provision on form 21 although of course like all the other changes it was captured in all of the statewide purchase and sale agreements in form 21 paragraph 7 identifies the amount and the holder of the earnest money and the provision has been streamlined so now when you identify the earnest money provision what youre going to do is mark a number as the number of days following mutual acceptance setting the date that is the deadline for buyers delivery of earnest money to the ultimate holder and on the face of the form 21 youre going to identify both the delivery date and the holder of the earnest money so lets deal with the holder first because thats the simplest part the holder is either going to be the firms trust account or the the e
