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RECEIPT FOR NON-REFUNDABLE DEPOSIT
Received of_____________________, hereinafter referred to as "Buyer", the sum of
____($_______) as NON-REFUNDABLE DEPOSIT toward the purchase of
____________to be sold to Buyer by___________________, hereinafter referred to as
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"Seller", owner of said property, on or before the____day of________________, 19____, fora
total price of ($______ ), 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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