Release Of Earnest Money Agreement Form printable pdf download

Escrow File Number: ____________________

RELEASE OF EARNEST MONEY AGREEMENT

This Release of Earnest Money Agreement (the “Agreement”) is entered into by and between the undersigned

Buyer(s) and Sellers(s) with respect to certain real property located at _________________________________,

County of ___________________, State of Utah.

RECITALS

A. Buyer and Seller have entered into a Real Estate Purchase Contract (the “Contract”) dated the __________

of _____________, 20__.

B. ______________________ (the “Company”) has been requested to perform escrow services with respect

to the Contract and has been requested to hold the earnest money deposit in the amount of

$______________ (the “Deposit”), which was delivered by or for the Buyer to the Company in connection

with the Contract.

C. Buyer and Seller desire that the Company release the Deposit in accordance with the terms and conditions

of this Agreement.

NOW THEREFORE, Buyer and Seller do hereby agree as follows:

The Deposit shall be released and disbursed by the Company to __ Buyer __ Seller on the _____ day of

__________, 20__, in accordance with these instructions.

Buyer and Seller jointly and severally agree to indemnify and defend the Company of and from any and all

damages, claims, demands, obligations, actions, or liabilities including but not limited to attorney’s fees

and costs arising from or relating to the performance and compliance by the Company with this Agreement

and these instructions.

The Deposit shall be __ picked up at the Company; __ Wire Transferred; ($____ charge – wiring

instructions will be provided); __ mailed; or __ sent by overnight courier ($____ charge) to the address

shown below.

SELLERS:

_____________________________________

Phone Number: _____________________

_____________________________________

Phone Number: _____________________

Forwarding Address: _________________________________________________________________

BUYERS:

_____________________________________

Phone Number: _____________________

_____________________________________

Phone Number: _____________________

Forwarding Address: _________________________________________________________________

WITNESSED BY:

_____________________________________

Listing Agent

Selling Agent

Release Of Earnest Money Agreement Form