Real Estate Authority-to-Cancel Notice
Real Estate Authority-to-Cancel Notice
[Month, Day, Year]
[Recipient Name]
[5678 Recipient Address]
Subject: Authority-to-Cancel Notice for Real Estate Transaction
Dear [Recipient Name],
This letter serves as an official notice of cancellation of the real estate transaction involving the property located at [2345 Property Address], pursuant to the terms outlined in the purchase agreement dated [Month, Day, Year].
Upon careful review and consideration, we have determined that it is necessary to exercise our right to cancel the transaction due to [failure to secure financing, inspection issues].
As per the terms of the agreement and in compliance with US real estate law, we hereby notify you of our decision to cancel the transaction. Please be advised that any earnest money or deposits submitted in connection with this transaction will be handled in accordance with the terms of the agreement and applicable law.
We kindly request that you acknowledge receipt of this notice by signing and returning the enclosed copy. Additionally, we will work promptly to facilitate the return of any documents or materials related to the transaction.
Should you have any questions or require further clarification regarding this cancellation notice, please do not hesitate to contact us at [Your Company Number] or [Your Company Email].
Thank you for your understanding and cooperation in this matter.
Sincerely,
[Real Estate Agent]
[Your Company Name]
Enclosure: Copy of Purchase Agreement
cc: [Real Estate Agent Name, if applicable]
