AZREB.com | Real Estate Clauses

Termination by Buyer

If this Agreement is terminated by Buyer as permitted by the terms hereof, Escrow Agent shall return to Buyer the Earnest Money Deposit, together with all earnings thereon, Escrow Agent shall return all documents to the party which supplied the documents, and Buyer shall return to Seller copies of any reports, studies, plans, surveys, drawings, plats and specifications delivered to Buyer by Seller. Upon such return and delivery of the Earnest Money Deposit and documents, this Agreement shall be deemed canceled, and Buyer and Seller shall have no further obligation pertaining to the purchase or sale of The Property, except as otherwise provided in this Agreement.

TERMS OF USE AND DISCLAIMER

The information presented on this website is for informational purposes only as an aid to independent research and preparation of materials when formulating contracts and does not constitute legal advice. The information contained herein should not be relied upon or used as a substitute for consultation with legal, accounting, tax, career or other professional advisors or services.

The user of this website should also recognize that there are variances of local, state and federal laws, case law (court decisions) and regulations that constantly change that could impact your situation.

AZREB.com and its sponsors and contributors provides its contents on an "as is" basis and makes no representations or warranties of any kind with respect to this website or its contents. AZREB.com disclaims all such representations and warranties, whether express or implied, including, but not limited to, the warranties of merchantability and fitness for a particular purpose. In addition, AZREB.com does not represent or warrant that the information accessible via this website is accurate, complete or current.