a release of earnest money form is a waiver signed by both the buyer and seller before an earnest money deposit towards a property may be released. the agent or third (3rd) party that is holding the money shall be prohibited from releasing the funds until both parties are in agreement or the local court administers a judgment. continue through this area to the label “buyer.” this will be the party who has previously entered an agreement as a purchaser requiring a sum of money to be held in reserve (i.e. note that if a business entity was the buyer then, its entire legal name should be furnished to this section. now that the parties surrounding this release have been identified, the topic of the agreement this document applies to must be engaged. section i requests that the latest signature date found on the purchase agreement being discussed by this release is submitted to the formatted spaces preceding the label “original agreement.” (5) concerned real estate.