FORM OF THE MONTH
In a perfect world, all parties would agree to all aspects of a commercial transaction. But sometimes, terminating a transaction is necessary. Buyers can use this form to notify Sellers of their decision to terminate based on the reasons described in the notice.
Do you have an idea or suggestion for a new form or edits to existing forms? We want to hear from you! Submit your ideas to our Forms Committee here.
Always check with your principal broker or legal counsel to ensure that you are following any policy requirements of your brokerage. All comments and responses from OREF or its staff, managers, and volunteers are non-legal opinions made for general purposes. Each Forms subscriber must rely solely upon their Principal broker or personal legal counsel for specific advice and instruction. You and your client should independently confirm that the Form(s) you use are legally suitable for the purposes intended and that they are current with respect to all laws and regulations.