1. Cancellation of Contract.
By signing this RELEASE AND CANCELLATION OF CONTRACT FOR SALE AND PURCHASE (“Release”), Buyer
and Seller cancel the Contract for Sale and Purchase (“Contract”), signed by Buyer on the ________ day of
____________________, ______ and signed by Seller on the ________ day of ___________________, _________ ,
concerning the following described property (give street address and legal description):
2. Release from Liability.
Buyer and Seller release each other and:
__________________________________________________________________________________ (name of brokerage)
together with its affiliates and their respective officers, directors, agents, employees, successors and assigns, and
__________________________________________________________________________________ (name of brokerage)
together with its affiliates and their respective officers, directors, agents, employees, successors and assigns
from any and all claims and actions whatsoever arising from or relating to the Contract or pre-Contractual issues
existing as of the date of the Release.
3. Disbursement of Escrow Funds.
Buyer and Seller instruct the escrow agent to disburse the deposit as follows:
$ ________________________ to _______________________________________________
$ ________________________ to _______________________________________________
$ ________________________ to _______________________________________________
$ ________________________ to _______________________________________________
____________________________________________________ __________________________________________________
Buyer Date
____________________________________________________ __________________________________________________
Buyer Date
____________________________________________________ __________________________________________________
Seller Date
____________________________________________________ __________________________________________________
Seller Date
RC-3x 9/97, 10/00 © 1997, 2000 Florida Association of REALTORS® All Rights Reserved
Release and Cancellation of Contract for Sale and Purchase
FLORIDA ASSOCIATION OF REALTORS
®
REALTOR
®
EQUAL HOUSING
OPPORTUNITY
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