01. Edit your blank earnest money agreement online
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Click ‘Get Form’ to open the earnest money contract in the editor.
Begin by filling in the names of the Seller and Buyer in the designated fields. Ensure that both parties' full legal names are accurately entered.
Next, specify the property details, including its location and any relevant descriptions as outlined in Exhibit 'A'. This is crucial for clarity in the transaction.
Enter the total sales price of the property and detail how this amount will be paid. Include the cash deposit amount that will serve as earnest money.
Review sections regarding title insurance and any existing liens or encumbrances on the property. Make sure to understand these terms before proceeding.
Finally, sign and date the document electronically using our platform’s signature feature, ensuring all parties have completed their respective sections.
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Escrow/Earnest Money Deposit (EMD): You will provide a good faith deposit (usually 13% of the price). Youll receive an Escrow Deposit Receipt once its held
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