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Contract Release and Earnest Money Disposition Request Form

Contract Release and Earnest Money Disposition Request Form

Use a application for release of earnest money template to make your document workflow more streamlined.

75001 Contract Area 2P - Delaware District of Columbia Maryland Ohio Pennsylvania Virginia and West Virginia. 405 Silverside Road Suite 210 Wilmington DE 19809 Page 2. Purchaser Signature Purchaser Signature Selling Broker Phone Date Purchaser s hereby request return of the earnest money deposit in the amount of and provide a letter of explanation and suitable documentation as to the reason. Directions Complete this form and email with all supporting documentation to the AM Contractor at the...
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Instructions and help about disposition letter

Hi everybody Dana sparks Broker of maximum one Greater Atlanta REvaltors and this week's contract tip has to do with the release of earnest money upon termination of a contract so just a couple tips to remind you number one the holder of any trust funds may not release the earnest money there's trust funds to any party unless we get both parties signatures agreeing to as to which party gets those funds back so the release agreement on you after you terminate a contract there is the release agreement now anyone party can terminate, but you need both parties signatures to release the trust funds they have to have been in agreement as to who gets that money back so until the holder of the earnest money of the trust funds gets that signed agreement the holder may not release those funds back to any party the other thing to remember is the contracts both are reforms and Gary forms state that the holder of the earnest money does not have to release any trust funds until they have cleared the

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