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Termination Agreement for Property Sale and Purchase Agreement

Mutual Termination

Mutual Termination Agreement for Property Sale and Purchase Agreement

How to Tailor the Document for Your Need?


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Document Description

The Agreement to terminate a property purchase agreement is signed by buyer and seller. The agreement states that both parties hold each other harmless from any claims that may arise in relation to the purchase agreement. 

It also sets out the terms for release of deposit i.e. the amount of deposit to be released and the name of the party to whom it will be released.

How to use this Document?

This document should be clearly read by the Buyer and the Seller.

You may customise the document by including details of the Buyer, Seller such as the name and address and details of the  property purchase agreement (date, deposit amount and property address)

This document is signed by both the buyer and seller upon cancellation of the property purchase agreement. 

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