Form for Termination and Mutual Release of Agreement of Purchase and Sale - Nova Scotia Canada

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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
Witness ____________________________________
Buyer _______________________________________________
SEAL
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 ____________________________________
Seller _______________________________________________
SEAL
Witness ____________________________________
Seller _______________________________________________
SEAL
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 ____________________________________
Broker or ____________________________________________
SEAL
Brokerage Representative
Witness ____________________________________
Broker or ____________________________________________
SEAL
Brokerage Representative
FORM 440-01/2013
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
Witness ____________________________________
Buyer _______________________________________________
SEAL
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 ____________________________________
Seller _______________________________________________
SEAL
Witness ____________________________________
Seller _______________________________________________
SEAL
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 ____________________________________
Broker or ____________________________________________
SEAL
Brokerage Representative
Witness ____________________________________
Broker or ____________________________________________
SEAL
Brokerage Representative
FORM 440-01/2013

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