Form Wb-45 - Cancellation Agreement & Mutual Release
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1Approved by the Wisconsin Real Estate Examining Board
10-1-15 (Optional Use Date) 1-1-16 (Mandatory Use Date)
Reproduced by Shorewest, REALTORS
®
P.O. Box 942, Brookfield, WI 53008-0942, 262/827-4200
WB-45 CANCELLATION AGREEMENT & MUTUAL RELEASE
The undersigned Parties agree that the ____________________________________________________________________________
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insert type of contract, e.g., offer to purchase, lease, option, etc. (Contract) dated ____________________________________, for the
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property located at _______________________________________________________________________________________________, in
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the ____________________________of___________________________, State of Wisconsin, be canceled and the Parties hereby
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release all of their right, title, and interest in and to the Contract, and any and all claims arising out of the transaction.
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The Parties hereby release the broker(s) from any and all liability for disbursing the trust funds as directed and hereby
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authorize and direct the broker(s) to disburse the trust funds held on behalf of the Parties as follows:
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$ ____________________________ shall be disbursed to ______________________________________________________________ at
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the following address ____________________________________________________________________________________________,
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$ ____________________________ shall be disbursed to ______________________________________________________________ at
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the following address ____________________________________________________________________________________________,
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This Cancellation Agreement and Mutual Release (CAMR) shall be effective only if all Parties to the Contract have
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signed an identical copy of this CAMR (including signatures on separate but identical copies of the CAMR), and if the
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fully-executed CAMR has been delivered to the Party initiating the CAMR on or before _______________________________
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_______________________________________________. Delivery may be made in any manner authorized in the Contract.
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NOTE: The Party initiating this CAMR may withdraw the CAMR prior to acceptance and delivery as provided at
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lines12-15.
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(X) ______________________________________________________________________________________ _________________________
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Party’s Signature ~
Print Name Here }
Date ~
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(X) ______________________________________________________________________________________ _________________________
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Party’s Signature ~
Print Name Here }
Date ~
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(X) ______________________________________________________________________________________ _________________________
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Party’s Signature ~
Print Name Here }
Date ~
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(X) ______________________________________________________________________________________ _________________________
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Party’s Signature ~
Print Name Here }
Date ~
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(X) ______________________________________________________________________________________ _________________________
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Party’s Signature ~
Print Name Here }
Date ~
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(X) ______________________________________________________________________________________ _________________________
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Party’s Signature ~
Print Name Here }
Date ~
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(X) ______________________________________________________________________________________ _________________________
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Party’s Signature ~
Print Name Here }
Date ~
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221 10/15 EHO
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