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Termination of Contract of Sale

The document terminates a previous contract of sale for a property between an unnamed purchaser and seller. It cancels, terminates and voids the original contract of sale in consideration for the return of the purchaser's deposit of $____ from the seller's attorney to the purchaser. Both the purchaser and seller, as well as their attorneys, sign to agree to these terms.
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0% found this document useful (0 votes)
269 views1 page

Termination of Contract of Sale

The document terminates a previous contract of sale for a property between an unnamed purchaser and seller. It cancels, terminates and voids the original contract of sale in consideration for the return of the purchaser's deposit of $____ from the seller's attorney to the purchaser. Both the purchaser and seller, as well as their attorneys, sign to agree to these terms.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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TERMINATION OF CONTRACT OF SALE

WHEREAS, the Undersigned have entered into a contract of sale dated regarding
Premises known as (the “Contract of Sale”), a copy of which is annexed hereto,

NOW, THEREFORE, in consideration of the sum of $ and other good and valuable
consideration, the adequacy and receipt of which is hereby acknowledged, it is

AGREED, that the Contract of Sale is hereby cancelled, terminated and is null and void
and of no force and effect, that the parties hereto hereby release and discharge the other, their
agents and assigns from any and all obligations and liabilities under said Contract of Sale and that
the Seller’s attorney, , shall, upon the execution of this Agreement, return the contract
deposit in the sum of $ to

Dated: , 20

PURCHASER SELLER

___________________________ ___________________________

___________________________ ___________________________

PURCHASER’S ATTORNEY SELLER’S ATTORNEY

___________________________ ___________________________

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