Notice of Termination of Agreement of Sale (Form TER) terminates the Agreement of Sale.
Latest Content
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Terminating an Agreement of Sale
- February 26, 2021
- 4 min. read
A breach of the agreement by one party may justify termination by the other, even though the agreement does not specifically spell this out.
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Notes on Terminating an Agreement of Sale
- December 4, 2020
- 3 min. read
A Notice of Termination is unilateral. That is, the execution by one party is sufficient to terminate the Agreement of Sale. Why? Because the Agreement of Sale granted the right to that one party.
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What’s the follow-up?
- June 6, 2017
- 4 min. read
Do these buyers have the right to terminate the Agreement of Sale based after asking the sellers to provide an additional inspection and being displeased with the results?
