Create, sign, and download your earnest money agreement, a legal document that binds two parties during the purchase and sale of a property. In this video we're going to cover how a purchase contract works.In the event Buyers are unable to receive this money from. Get an overview of what real estate agents and their clients should know about earnest money and how it impacts the real estate transaction. Justin Yurong explains exactly how to fill out an assignment contract for wholesalers! To submit the Earnest Money Deposit Receipt, ensure that all fields are accurately filled out. Buyers submit earnest money with an offer to buy a property. SN 1118 Owner's Sale Agreement and Earnest Money Receipt (OR). WHEREAS, the SELLERS are offering the aforementioned property for sale and the BUYER has signified its intention to purchase the above-. 297 votes, 440 comments.