Cancellation Of Agreement For Sale Template for United States

1. Surviving Provisions: Identifies specific provisions from the original agreement that will survive the cancellation, used when certain obligations need to continue

2. Third Party Rights: Addresses the impact on any third party rights or obligations, included when third parties were involved in the original agreement

3. Tax Implications: Addresses tax consequences of the cancellation, included when significant tax implications exist

4. Dispute Resolution: Specific procedures for resolving any disputes arising from the cancellation, included when parties want to specify alternative dispute resolution methods

5. Public Announcements: Guidelines for any public statements about the cancellation, included for high-profile or sensitive transactions

6. Costs: Allocation of costs related to the cancellation process, included when significant costs are involved

1. Schedule A - Original Agreement Details: Copy or key details of the original sale agreement being cancelled

2. Schedule B - Financial Settlement Statement: Detailed breakdown of any financial settlements, including calculations and payment terms

3. Schedule C - Property Return Schedule: List of items to be returned, including condition requirements and timeline

4. Schedule D - Release Exceptions: List of any specific claims or rights that are not released under the cancellation

5. Appendix 1 - Execution Requirements: Specific requirements for executing the cancellation, including any necessary witnesses or notarization