Money Agreement Form PDF Details

Money Agreement Forms are an important part of any business. They help to outline the expectations and responsibilities of each party when it comes to money. This form can be used in a variety of situations, such as when two businesses are working together or when an individual is hiring someone for work. No matter what the situation, having a written agreement in place is always a smart idea. By taking the time to create and agree to a Money Agreement Form, both parties can rest assured that their finances will be handled in a professional and responsible manner.

This general guide will aid you to figure out just how long it'll require you to fill out money agreement form, the number of pages it has, and a few other unique details about the PDF.

QuestionAnswer
Form NameMoney Agreement Form
Form Length4 pages
Fillable?No
Fillable fields0
Avg. time to fill out1 min
Other namesearnest agreement printable, earnest washington money, earnest agreement blank, washington earnest money agreement form

Form Preview Example

EARNEST MONEY RECEIPT AND AGREEMENT

Received from ____________________________

hereinafter called PURCHASER, the sum of $____________,

in the form of a check payable to Stewart Title of the Kenai Peninsula in trust for ______________________

hereinafter called SELLER, as Earnest Money on

 

 

(date), in part payment of the purchase price of the

following described real property:

 

 

Legal Description:

In the Recording District, Third Judicial District, State of Alaska.

The total purchase price is $________________, payable as follows: $_____________ earnest money

 

 

 

 

balance due at closing

OR

 

 

 

 

Bank loan with

 

 

OR

 

 

 

 

Owner Finance $

 

 

payable at $

 

or more per

 

 

 

 

. Including/Plus interest

 

at

 

%. Interest accrues from

 

 

. First payment due

 

.

Amortized years

 

.

 

 

 

Due on Sale Clause

Late fee of $

 

for

 

 

 

 

past due.

 

 

 

 

Full Coverage Insurance Required. Collect at ___________. Other terms: _________.

 

 

THE CLOSING COSTS are to be paid between Seller and Purchaser as follows:

 

 

Indicate: (S) = Seller; (P) = Purchaser; (50/50) = Split equally between Seller and Purchaser

 

Owners Title insurance

 

 

 

 

 

 

Origination Fee

 

 

 

 

 

 

 

 

Lenders Insurance

 

 

 

 

 

 

Commitment Fee

 

 

 

 

 

 

 

 

Escrow Settlement/Closing Fee

 

 

 

 

 

 

Discount Points

 

 

 

 

 

 

 

 

Recording Fee

 

 

 

 

 

 

Tax Registration Fee

 

 

 

 

 

 

 

 

Escrow Set Up Fee

 

 

 

 

 

 

Flood Certification

 

 

 

 

 

 

 

 

Escrow Annual Fee

 

 

 

 

 

 

Credit Report

 

 

 

 

 

 

 

 

Attorney Doc Prep Fees

 

 

 

 

 

 

Document Preparation Fee

 

 

Delinquent Property Taxes

 

 

 

 

 

 

MIP/PMI

 

 

 

 

 

 

 

 

 

 

 

Pending/Levied Assessments

 

 

 

 

 

 

V.A. Funding Fee

 

 

 

 

 

 

 

 

Clear Existing Liens

 

 

 

 

 

 

Establish/Replace Reserves on New Loan

 

 

As-Built Survey Fee

 

 

 

 

 

 

Interest to Closing Date New Loan

 

 

Appraisal

 

 

 

 

 

 

 

 

 

 

Well/Septic Testing (if required by lender)

 

 

Final Inspection on Appraisal

 

 

 

 

 

 

Home Inspection Fee

 

 

 

 

 

 

 

 

Other Costs

 

 

 

 

 

 

 

 

 

 

 

Smoke Detectors

 

 

 

 

 

 

 

WARNING: IT IS PURCHASER’S AND SELLER’S RESPONSIBILITY TO SEEK AND CONSULT WITH OWN INDEPENDENT LEGAL ADVISOR, TAX ADVISOR, BUILDING

&SOIL INSPECTOR, LAND SURVEYOR, WATER & SEWER ENGINEER, OR OTHER APPROPRIATE ADVISOR FOR THIS TRANSACTION AND AT THE SOLE COST TO THE PARTY REQUESTING SUCH SERVICE(S) UNLESS OTHERWISE STATED ABOVE.

SUCH SERVICE OR DILIGENT INQUIRY SHALL BE COMPLETED WITHIN DAYS

OF SELLER’S SIGNATURE HEREON OR ANY OTHER TIME FRAME AND MUTUALLY AGREED TO IN WRITING BETWEEN SELLER AND PURCHASER.

1.The title is to vest and read: _________________________________________________

(husband and wife, married, unmarried,)

1

2.Seller agrees to furnish and deliver to Purchaser as soon as procurable a purchaser’s

policy of title insurance to be issued by Stewart Title of the Kenai Peninsula. If the title

cannot be made clear as aforesaid within days from the issuance of a preliminary title report, Purchaser may cancel this agreement and Seller must refund the earnest money. It is also agreed that the Purchaser may waive defects or require the price to be renegotiated to cover any defects or encumbrances at the Purchaser’s sole discretion without loss of the earnest money refund.

3.If title is made good on or before closing and the Purchaser neglects or refuses to complete the purchase, the earnest money may, at Seller’s sole option, be forfeited as liquidated damages, which shall not preclude any other remedy available at law or in equity, if any.

4.The property shall be conveyed by WARRANTY DEED free of encumbrances except for rights reserved in federal patents or state deeds, building or use restrictions general to the district, and building or zoning regulations and provisions shall not be deemed defects nor encumbrances. Any defects or encumbrances may be discharged at closing out of the purchase money.

5.Taxes for the current year, rents, interest, mortgage reserves, will be prorated as of the date of closing.

6.Possession will occur on recording.

7.Purchaser offers to purchase the property on the terms noted in its present condition and this agreement is issued subject to:

a._____________________________________________________

b._____________________________________________________

c._____________________________________________________

d._____________________________________________________

e._____________________________________________________

8.The sale shall be closed in the offices of Stewart Title of the Kenai Peninsula with an escrow or closing agent on or before ____________ (date) “Closed” shall mean the day the deed of contact is recorded and funds are to be disbursed.

9.Purchaser and the Seller will, on demand of either, deposit in escrow with the closing agent all instruments and monies necessary to complete the purchase.

10.There are no verbal or other agreements which modify or affect this agreement. Time is of the essence of this agreement.

WHEREFORE the Seller and purchaser being in accord do bind themselves hereto by their signatures hereunder:

2

PURCHASER:

_____________________________ Date:________

(sign name)

__________________________________

(print name)

Telephone: _______________________

Fax: _______________________

email: _______________________

Address: _______________________

_______________________

_____________________________ Date:________

(sign name)

__________________________________

(print name)

Telephone: _______________________

Fax: _______________________

email: _______________________

Address: _______________________

_______________________

SELLER:

_____________________________ Date:________

(sign name)

__________________________________

(print name)

Telephone: _______________________

Fax: _______________________

email: _______________________

Address: _______________________

_______________________

_____________________________ Date:________

(sign name)

__________________________________

(print name)

Telephone: _______________________

Fax: _______________________

email: _______________________

Address: _______________________

_______________________

Existing Lien Payoff / Assumption Information:

1.Lender: _________________________________

Loan #: ___________________________________

telephone #:

________________________________

1.Lender: _________________________________

Loan #: ___________________________________

telephone #:

________________________________

3

EARNEST MONEY DEPOSIT AGREEMENT

Escrow No.:

The undersigned Buyer is depositing $____________________ as Earnest Money for the

purchase of:

In the event the above transaction does not close, the parties herein acknowledge and agree that any cancellation fees or other amounts due Stewart Title of the Kenai Peninsula for the services provided shall be deducted from the amount held as Earnest Money.

Parties further acknowledge and agree to provide Stewart Title of the Kenai Peninsula written instructions as to the disbursement of the remainder of said Earnest Money within 30 days of the notice of cancellation.

The undersigned agree that in the event such instructions are not provided in a timely manner, the Earnest Money, less any cancellation fees or other amounts deducted, will remain in a trust account, subject to the provisions of the laws of the State of Alaska for abandoned funds, including depositing funds with the Superior Court of the State of Alaska

Our signatures below shall be deemed as full approval of the terms herein.

Dated: __________

Seller(s):

____________________________________________________________

Buyer(s):

____________________________________________________________

4

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