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 (http://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