Earnest Money Receipt And Agreement (Page 4 of 4) in pdf

Earnest Money Receipt And Agreement Page 4

35096 Kenai Spur Hwy

Soldotna, Alaska 99669

(907) 260-8031 ~ fax (907) 260-8036

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):

______________________________

Earnest Money Receipt And Agreement Page 4