Create, sign, and download your earnest money agreement, a legal document that binds two parties during the purchase and sale of a property. An Earnest Money Agreement is a great way for a potential buyer or renter of real estate to show that he or she is serious about purchasing or renting.This Sales Contract, identified as form HUD-9548, must be prepared and transmitted in accordance with the following instructions. Before submitting a proposal, each firm shall familiarize itself with the entire RFP, including the Scope of. Earnest Money is in the form of: Personal Check Wire Transfer Other. The document is a sample residential real estate purchase contract for Arizona.