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Important
Note:
Forms are to be used as a guide only to assist you. No liability is assumed for errors in substance or form. It is your responsibility to revise the forms to meet current law
requirements and your particular situation. No liability is assumed for improper use of these forms.
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RECEIPT
FOR NON-REFUNDABLE DEPOSIT
Received of
_____________________, hereinafter referred to as "Buyer", the sum of
__________
($_______) as NON-REFUNDABLE DEPOSIT toward the purchase of
__________________
to be sold to Buyer by ___________________, hereinafter referred to as
"Seller",
owner of said property, on or before the ____ day of ________________, 19____,
for a
total price of
($___________), 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.
_____________________________
_____________________________
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