Receipt for Non-Refundable Deposit Received of ___________________________, hereinafter referred to as "Buyer", the sum of
_________________ ($______________) as NON-REFUNDABLE DEPOSIT toward the purchase of
_______________________ to be sold to Buyer by _____________________, hereinafter referred to as
"Seller", owner of said property, on or before the _______ day of __________________, 20______, for a
total price of ($____________________), this NON-REFUNDABLE DEPOSIT being a part thereof.
Buyer understands, acknowledges and agrees that if he fails to pay to Seller the
remaining $_____________ due by the above date, said NON-REFUNDABLE DEPOSIT shall be
forfeited.
Seller hereby agrees in consideration of payment of said NON-REFUNDABLE DEPOSIT
to withdraw said vehicle from the market until the above date and to transfer title to said vehicle
to Buyer upon receipt of the remaining amount due.
________________________________
________________________________ This document and accompanying materials are designed to provide authoritative information in regard to the subject matter covered in it. It is for illustration purposes only and presented with the understanding that the author and publisher are not engaged in rendering legal, accounting or other professional opinions. If legal advice or other expert assistance is required, the services of a competent professional should be sought. |
