Legal Question in Real Estate Law in Arizona
Cancelling a purchase contract
What form is the best to use to cancel a purchase contract that is not yet accepted? (It's a short sale situation and the offer has not yet been accepted) Thanks!
Asked on 2/24/09, 11:40 pm
1 Answer from Attorneys
Donald Scher
Donald T. Scher & Associates, P.C.
Re: Cancelling a purchase contract
You do not need a form, but you must give written notice to the broker representing the seller that your offer has been rescinded. See what the contract says regarding withdrawal of an offer to purchase.
Answered on 2/25/09, 12:52 pm