Earnest Money Deposit Receipt (for Real Estate)

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Updated October 31, 2022

An earnest money deposit receipt is given to a buyer of real estate after entering into a purchase agreement with a seller. The deposit slip is given to the buyer after funds have been received which binds the parties into the agreement.

If the buyer does not follow through on purchasing the property it will be returned to the seller. If the seller attempts to void the agreement the buyer can sue for specific performance which may legally force a sale plus damages.

Release of Earnest Money – Use at a real estate closing or to release funds to the seller if the buyer terminates the agreement.

How to Write

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1 – Download This Template To Issue A Receipt For The Earnest Money Deposit

The receipt template is available through the buttons attached to the preview picture on this page. You may view the receipt before downloading it by clicking on the image and you may obtain it as a word processing document or a pdf by selecting the appropriate button in the caption area or one of the links above.

2 – Identify The Purpose Of This Paperwork

The primary goal of issuing this paperwork will be to verify the receipt of Earnest Money that shall be held by a third party. Begin by reporting the calendar date when the Earnest Money was received by the agent acting as the Earnest Money Holder on the first blank line (at the top of the page). c Document the full name of the individual who has received the earnest money on the blank space just before the term “The Earnest Money Holder…” The next two empty lines are reserved to document the dollar amount submitted to the Earnest Money Holder issuing this receipt. Write out the dollar amount on the blank space following “…Receipt Of The Earnest Money In The Amount Of” then, produce the numerical value of the dollar amount received on the empty line in the parenthesis. Now we must indicate how this money was received. A brief list of checkboxes has been presented to deliver this information. Mark the checkbox labeled “Check,” “Credit Card,” and/or “Other” to define the way the Earnest Money was received. Note: If you have checked “Other” because the money was submitted as a check or by credit card, then you must use the blank line provided to define in what manner it was received (i.e. money order).

3 – Record The Property And Parties Concerned With The Earnest Money

The next segment of this paperwork will require you produce the physical address of the property this Earnest Money has been submitted to hold. Furnish the building number, street/road name or number, suite number, city, state, and zip code where the property is located on the blank space labeled “Property Address.” Record the calendar date of the purchase agreement concerning this property on the blank space labeled “Date Of Contract.” Now, we will need to look up the name of the Buyer listed in the purchase agreement requiring this Earnest Money then transcribe it to the blank line labeled “Buyer.” This should be followed with his or her Mailing Address on the next blank space. The Seller named in the purchase agreement will need to be named here as well. Again, refer to the original purchase agreement then enter his or her Name on the blank line after the word “Seller.” This party’s mailing address should also be presented. Enter this entity’s full mailing address on the next blank space.

4 – Execute This Receipt By Signature

The Earnest Money Holder must sign this document after it has been completed. He or she should locate the empty line labeled “Signature” then print his or her name on the blank line labeled “Print Name.”