Fillable Printable Cancellation of Contract Form - Texas
Fillable Printable Cancellation of Contract Form - Texas
Cancellation of Contract Form - Texas
TREC No.38-4
12-05-11
Other (identify the paragraph number of contract or the addendum):
Buyer notifies Seller that the contract is terminated pursuant to the following:
(1) the unrestricted right of Buyer to terminate the contract under Paragraph 23 of the
contract.
(2) Buyer cannot obtain Credit Approval in accordance with the Third Party Financing
Addendum for Credit Approval to the contract.
(3) the Property does not satisfy the lenders' underwriting requirements for the loan under
Paragraph 4A(1) of the contract.
(4) Buyer elects to terminate under Paragraph A of the Addendum for Property Subject to
Mandatory Membersh ip in a Property Ow ners' Association.
(5) Buyer elects to terminate under Paragraph 7B(2) of the contract relating to the Seller’s
Disclosure Notice.
(6)
NOTE: Release of the earnest money is governed by the terms of the contract.
EQUAL HOUSING
OPPORTUNITY
PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION (TREC)
NOTICE OF BUYER'S TERMINATION OF CONTRACT
CONCERNING THE CONTRACT FOR THE SALE OF THE PROPERTY AT
This form has been approved by the Texas Real Estate Commission for use with similarly approved or
promulgated contract forms. Such approval relates to this form only. TREC forms are intended for use only by
trained real estate licensees. No representation is made as to the legal validity or adequacy of any provision in
any specific transactions. It is not suitable for complex transactions. Texas Real Estate Commission, P.O. Box
12188, Austin, TX 78711-2188, (512) 936-3000 (//www.trec.texas.gov) TREC No. 38-4. This form
replaces TREC No. 38-3.
(Street Address and City)
BETWEEN THE UNDERSIGNED BUYER AND
(SELLER)
Buyer Date
Buyer Date
