![]() ![]() In this step, you will explain your reasons in detail. ![]() Let them know that you are writing the letter to cancel the existing real estate contract with them. In a few sentences, you need to explain to the reader what the letter is all about. For instance, you can use Dear Sir/Madam, or Hello. Since the Real Estate Contract Termination Letter are formal letters, you must use a formal salutation. However, if you send an electronic letter (email), you will ignore the addresses and the date. If you plan to send your letter as a printed copy, you need to write the sender’s address, date followed by the recipient’s address. Input The Sender And The Recipient Addresses.All the same, the following are easy steps you can follow when writing your letter. This is particularly true for the newbies or those new in the real estate industry. Therefore, depending on the state or country you operate, it’s important that you follow the due legal procedure.įor many, writing a Real Estate Contract Termination Letter may present varied challenges. Another company will also allow clients to terminate one contract with a specific agent if they are willing to sign another with the same company but with a different agent. While some will accept a mutual cancellation of a contract, others will simply not buy this idea. Usually, most real estate agents/companies do have a different set of policies regarding contract termination. When terminating such contracts, a Real Estate Contract Termination Letter will help save you from being a victim of future litigations.īefore a client terminates a real estate contract, it’s often advisable that they first seek legal advice or interpretation of the contract clause that permits premature termination. The individual in question can be a homeowner who is interested in selling their property, or it can be a property investor. The Real Estate Contract Termination Letter refers to an official document an individual writes to cancel their existing contract with a real estate agent or company. What is a Real Estate Contract Termination Letter? ![]()
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