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The Termination Of Buyer Tenant Representation Agreement is utilized when either party wishes to end their professional relationship before its natural conclusion or when both parties mutually agree to terminate. This document is crucial in the United States real estate market as it provides legal clarity and protection for both parties, ensuring a clean break in the representation relationship. It addresses key aspects such as compensation for services rendered, release of obligations, and any surviving duties. The agreement must comply with state-specific real estate regulations and often requires proper documentation for real estate boards and brokerages.
