Form 440g Termination And Mutual Release Of Agreement Of Purchase And Sale printable pdf download

TERMINATION AND MUTUAL RELEASE OF

AGREEMENT OF PURCHASE AND SALE

Approved by the Nova Scotia Real Estate Commission for use by industry members under the Real Estate Trading Act.

BETWEEN:

Buyer _________________________________________________________________________________________________________________________

and

Seller _________________________________________________________________________________________________________________________

RE: Agreement of Purchase and Sale between the Buyer and Seller, accepted the _______ day of ____________________ 20______,

concerning the property known as _________________________________________________________________________________________________ .

In accordance with the terms of the above Agreement of Purchase and Sale, I hereby advise that it has not been possible to fulfill the condition(s) pertaining to:

______________________________________________________________________________________________________________________________

contained therein, and I hereby terminate the said Agreement. (pertinent documents attached)

We, the Buyers and Sellers in the above Agreement, hereby release each other and the Brokerage(s) in this Agreement, from all liabilities, covenants, obligations,

claims and sums of money arising out of the above Agreement of Purchase and Sale, together with any rights and causes of action that each party may have had

against the other and/or the Brokerage(s) and we direct the Brokerage(s) to disburse the deposit of:

___________________________________________________________________ Canadian Dollars, ($Cdn. ___________________________ ) as follows:

______________________________________________________________________________________________________________________________

The Brokerage(s) hereby releases both parties from any claim that he may have had for commission or other remuneration in the above Agreement, except

as may be herein before specifically provided.

This Release shall be binding upon the parties hereto and their respective heirs, executors, administrators, and assigns.

Dated at ____________________________________ this _____day of ________________________________, 20 ______.

Signed, Sealed and Delivered in the presence of:

In Witness whereof I have hereunto set my hand and seal:

Witness ____________________________________

Buyer _______________________________________________

SEAL