Sample Notice Of Termination Of Sale And Purchase Agreement

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I am writing this letter to inform you, unfortunately, that we are resiling the sales contract – (reference) that we have signed on `Date` for a period of `Mention` (Mention of duration). This decision is due to the constant complaints of our customers regarding the quality of your product. Many of them have had similar complaints saying they have had catastrophic reactions to the consumption of your product. There are many reasons why a person may decide to terminate a sales contract. After all, any agent who participated in the sales contract must sign his name. Two separate lines (each called “agent signature”) were provided, allowing up to two agents to sign their names. The date on which each person gave his signature must also be transmitted by the party to the signature to the “Date” line at the time of signing. The letter of termination of the sales contract is signed by the buyer and seller with the termination of a sales contract. The purpose of the letter is to find that each party to the transaction undertakes to keep each other free of any claim that may arise from the terms of the sale agreement. In addition, the letter indicates where the deposit should be refunded and the amount will be released.

Upon approval, the agent or third party (third party) holding the trust funds is required to return to the party indicated in the letter. In the economy, sometimes things do not work out the way we expect. They might end up in a contract, but finally, dissatisfied with the way the party delivers or sells its products/services. If you are trapped in such cases, it is always recommended that you finish other transactions in a more professional manner. While some people decide to cancel their purchase over the phone, it`s always a good idea to send a cancellation letter to cancel an order. Then, any seller involved in the initial sales contract should sign his name in a single line “Seller`s Signature” and enter immediately after signing the current date in the blank line called “Date”. The buyer, seller and agent mentioned in the sales contract to which this document relates must each present a dated signature. There will be enough space for two buyers, two sellers and two agents to deliver such items, but if there are more features in one of these parts, you can add additional signature lines.