Fillable TREC - 38-5 - Notice of Buyer's Termination

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Notice of Buyer's Termination

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The Texas Real Estate Commission (TREC) is an agency that governs real estate practices in the state of Texas USA. I its headquarters are located in Ausin Texas at 1700 North Congress.

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TREC No.38-5
11-2-15
Other (identify the paragraph number of contract or the addendum):
Buyer notifies Seller that the contract is terminated pursuant to the following:
(1) the unrestricted right of Buyer to terminate the contract under Paragraph 23 of the
contract.
(2) Buyer cannot obtain Buyer Approval in accordance with the Third Party Financing
Addendum to the contract.
(3) the Property does not satisfy Property Approval in accordance with the Third Party
Financing Addendum to the contract.
(4) Buyer elects to terminate under Paragraph A of the Addendum for Property Subject to
Mandatory Membership in a Property Owners' Association.
(5) Buyer elects to terminate under Paragraph 7B(2) of the contract relating to the Seller’s
Disclosure Notice.
(6)
NOTE: Release of the earnest money is governed by the terms of the contract.
PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION (TREC)
NOTICE OF BUYER'S TERMINATION OF CONTRACT
CONCERNING THE CONTRACT FOR THE SALE OF THE PROPERTY AT
EQUAL HOUSING
OPPORTUNITY
This form has been approved by the Texas Real Estate Commission for use with similarly approved or
promulgated contract forms. Such approval relates to this form only. TREC forms are intended for use
only by trained real estate license holders. No representation is made as to the legal validity or
adequacy of any provision in any specific transactions. It is not suitable for complex transactions.
Texas Real Estate Commission, P.O. Box 12188, Austin, TX 78711-2188, (512) 936-3000 (http://
www.trec.texas.gov) TREC No. 38-5. This form replaces TREC No. 38-4.
(Street Address and City)
BETWEEN THE UNDERSIGNED BUYER AND
(SELLER)
Buyer Date
Buyer Date
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TREC - 38-5 - Notice of Buyer's Termination

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Completed 22 January 2019

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