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Termination with Notice for Property Sale and Purchase Agreement

Termination with Notice

This is a standard notice for terminating a Property Sale and Purchase Agreement between two parties.

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Document Description

This is a standard notice for terminating a property purchase agreement between two parties. The party issues [30-day] termination notice and sets out terms for refund of deposit.

Within 14 days from the effective date of termination of the Agreement, the party holding the Deposit will return the Deposit in accordance with the terms of the Agreement and neither party shall have any further obligations or responsibilities under the Agreement or liability of any nature or amount whatsoever to each other, excepting only those which under the terms of the Agreement expressly survive termination.

How to use this Document?

This letter should be used to terminate a property purchase agreement

The agreement will terminate at the end of 30 days from the date of the notice.

The Notice must be signed by the party issuing it and acknowledged by the party receiving it.

 

 

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