Earnest Money Agreement Template

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Sample

Earnest Money Agreement Template

Printable | Editable Form




Earnest Money Agreement Template (1)
Between:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
[Buyer’s Phone]
[Buyer’s Email]
And:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
Introduction:
This Earnest Money Agreement sets forth the terms of the deposit made by the Buyer to demonstrate the intention to purchase the property located at [Property Address], effective as of [Contract Date].
Clause 1: Earnest Money Deposit
The Buyer agrees to deposit an amount of [Deposit Amount] as earnest money to be held in trust by [Escrow Agent’s Name].
Clause 2: Purpose of Deposit
The earnest money shall serve to confirm the Buyer’s serious intent to purchase the property and will be applied to the purchase price at closing.
Clause 3: Conditions for Retention
The earnest money will be retained by the Escrow Agent unless the closing does not occur due to the fault of the Seller or if the Buyer exercises any contingencies outlined in this agreement.
Clause 4: Refund of Earnest Money
In the event the transaction does not close, the earnest money shall be refunded to the Buyer unless the Buyer is at fault.
Clause 5: Governing Law
This agreement shall be governed by the laws of [State/Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Buyer]
[Name of the Buyer]
[Signature of the Seller]
[Name of the Seller]
Earnest Money Agreement Template (2)
Between:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
[Buyer’s Phone]
[Buyer’s Email]
And:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
Introduction:
This Earnest Money Agreement formalizes the understanding of the earnest money provided by the Buyer to the Seller upon acceptance of the purchase offer for the property located at [Property Address].
Clause 1: Amount of Earnest Money
The Buyer shall pay an earnest money deposit of [Deposit Amount] to be held by [Escrow Agent’s Name].
Clause 2: Use of Earnest Money
This earnest money will be applied to the purchase price at the closing of the sale, reaffirming the Buyer’s commitment to the transaction.
Clause 3: Escrow and Conditions
The earnest money will be placed in an escrow account and will be disbursed according to the terms of this agreement and the closing instructions provided herein.
Clause 4: Release of Earnest Money
The earnest money shall be released to the Buyer upon termination of the agreement if the Seller fails to meet the conditions specified, or if the Buyer exercises their right of cancellation as per the defined contingencies.
Clause 5: Jurisdiction
This agreement shall be interpreted and enforced in accordance with the laws of [State/Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Buyer]
[Name of the Buyer]
[Signature of the Seller]
[Name of the Seller]

Form

Please complete the form below to create the Earnest Money Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Earnest Money Agreement Template

1. Buyer Information


2. Seller Information


3. Property Information

4. Earnest Money Details

5. Purchase Agreement Reference

6. Conditions for Refund

7. Dispute Resolution

8. Signatures and Acceptance

9. Declaration and Signatures




PDF


WORD

Printable

Earnest Money Agreement Template

Printable | Editable Form




Earnest Money Agreement Template