ITEM:The item to be purchased by the Purchaser for which the deposit herein has been issued to the Seller is [Item.Description].
DEPOSIT: The Purchaser has paid, and the Seller confirms receipt of $ as payment toward the item being sold.
PAYMENT OWED: The remaining amount owed toward full payment of the item being sold is $.
NEXT PAYMENT: The next payment to be made toward the purchase of the item is $ and due on or before. MM / DD / YYYY
OTHER INFO:
The Purchaser and Seller both acknowledge receipt of the deposit being paid toward the item as described herein and acknowledge that as of the date indicated, the entirety of the above is accurate.