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Get And Sign NOTICE B AUTHORIZATION TO RELEASE EARNEST MONEY Form

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Instructions and help about earnest money release form

hi everybody Dana sparks Broker of maximum one Greater Atlanta Realtors 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 on you after you terminate a contract there is the release agreement now any one party can terminate but you need both parties signatures to release the trust funds they have to have be 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 Garf 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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