Fillable AND MUTUAL AGREEMENT TO CANCEL PURCHASE AND SALE (Northeast Florida Association of Realtors)

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AND MUTUAL AGREEMENT TO CANCEL PURCHASE AND SALE (Northeast Florida Association of Realtors)

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NOTICE OF TERMINATION OF PURCHASE AND SALE AGREEMENT
AND MUTUAL AGREEMENT TO CANCEL PURCHASE AND SALE
AGREEMENT AND RELEASE OF DEPOSIT
COPYRIGHTED AND SUGGESTED FOR USE BY MEMBERS OF THE
NORTHEAST FLORIDA ASSOCIATION OF REALTORS®, INC.
NOTROD 04/20
REALTOR®
REALTOR®
This document pertains to the Purchase and Sale Agreement dated ________ between__________________
_________________________________(BUYER) and ___________________________________________
_______________________(SELLER) concerning the following Property (legal description or street address):
________________________________________________________________________ (the “Agreement”).
NOTICE OF TERMINATION OF PURCHASE AND SALE AGREEMENT
The party submitting this document is hereby giving notice of termination to the other party to the Agreement
pursuant to paragraph ____ of the Agreement for the following reason(s):_____________________________
_______________________________________________________________________________________.
MUTUAL AGREEMENT TO CANCEL PURCHASE AND SALE AGREEMENT AND RELEASE OF DEPOSIT
If applicable, in consideration of the mutual promises contained herein, and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, BUYER and SELLER hereby
release each other and the below-named Brokers and their agents, employees and independent contractors
from any and all claims, actions, demands, liabilities and charges whatsoever relating to or arising from the
Agreement or the negotiation thereof except for the indemnity and hold harmless provisions in paragraph 3 of
the Agreement.
Except as stated herein, BUYER and SELLER intend that responsibilities, obligations and rights arising
from the Agreement are by this Release declared null and void and of no further effect and that the Agreement
be canceled when this Release has been signed by BUYER and SELLER.
This Release may be signed in counterparts and may be executed and/or transmitted by electronic media.
$ _____________________________ to _______________________________________________________
$ _____________________________ to _______________________________________________________
$ _____________________________ to _______________________________________________________
$ _____________________________ to _______________________________________________________
The escrow
agent holding the deposits under the terms of the Agreement is hereby directed forthwith to
disburse the deposits in the above manner after deduction, p
er paragraph 11, of all unpaid/reimbursable loan
and sale processing and closing costs.
_____________________________ __________ _____________________________ __
________
BUYER DATE SELLER DATE
_____________________________ __________ _____________________________ __________
BUYER DATE SELLER DATE
_____________________________ __________ _____________________________ __________
BUYER DATE SELLER DATE
_____________________________ __________ _____________________________ __________
BUYER DATE SELLER DATE
______________________________________ BY _____________________________ ___________
NAME OF LISTING BROKER
AUTHORIZED LICENSEE DATE
______________________________________ BY _____________________________ ___________
NAME OF SELLING BROKER AUTHORIZED LICENSEE DATE
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AND MUTUAL AGREEMENT TO CANCEL PURCHASE AND SALE (Northeast Florida Association of Realtors)

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Completed 8 November 2021

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