This form is an Assignment of Money Due. The assignor agrees to grant to the assignee all title and interest in a certain debt or money due as described in the agreement. The form also provides that it is the responsibility of the assignor to collect the debt.
Earnest Money For Due Diligence In Salt Lake
Category:
State:
Multi-State
County:
Salt Lake
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
Form popularity
More info
There are three reasons we can cancel a contract and keep our earnest money. They are due diligence, appraisal, and financing.The Earnest Money is held at our Summit Sotheby's brokerage trust account or it can also be held at a title company. The correct way to cancel a contract for the buyer is to notify your agent with a phone call and in writing before the due diligence deadline has passed. There is no set amount for an earnest money deposit, so it's negotiable. The simple things are due diligence, making sure the buyer has time to do their due diligence and inspect the house.
