What other information should be included in the earnest money section?

The inclusion of any additional earnest money to be sent prior to closing in the earnest money section is important because it outlines the buyer's financial commitment to the transaction. Earnest money serves as a deposit to demonstrate the buyer's seriousness about purchasing the property, and specifying any additional amounts reinforces this commitment. It also provides clear expectations for both parties regarding financial obligations leading up to the closing of the deal.

Specifying conditions or amounts for additional earnest money can help avoid misunderstandings and establish a timeline for when the payments are due, thereby fostering clearer communication and trust between the buyer and seller. Keeping the transaction transparent with detailed financial expectations can be indispensable in ensuring a smooth closing process.

Other options, while they may seem relevant to the transaction, do not directly pertain to the earnest money arrangement as much as outlining additional funds does.