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A mutual release agreement is a contract that states each Party agrees to waive any claims or potential legal action against the other.
In order assist both brokers and buyers with the process of unwinding a cancelled real estate transaction, the department created the cancellation and mutual release form (CAMR). This form can be used by brokers to record key information regarding the cancellation such as the: type of transaction being cancelled.
Although the 1982 version of the WB-45 Cancellation Agreement and Mutual Release (1982 form) used words like ?seller,? ?buyer,? and ?contract for the sale and purchase of property? which identified the Cancellation Agreement and Mutual Release (CAMR) as a form intended to be used in a purchase transaction, it has been ...
In order to cancel a contract for deed, a seller needs to complete a form called a notice of cancellation of contract for deed, and have the notice personally served on the buyer.
This is a standard form of termination agreement for use where a vendor and purchaser in an agreement of purchase and sale for real property mutually agree to bring their agreement to an end before the purchase and sale transaction contemplated in the agreement is completed.
A Wisconsin general bill of sale is a legal document that is used by private parties to prove the sale and purchase of a piece of personal property in the State of Wisconsin. The document provides identifiable information regarding the property being sold and serves as evidence of a change of ownership.