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greetings everyone greetings today were going to be discussing the release and cancellation of contract this is a document you would use for when youre going to cancel the contract the sales contract um you know as is contract vacant land contract a commercial contract you could use this document to basically void out cancel the contract so that the actual deposit can be returned to whoever um everyones agreeing upon and basically just you know release each other from liabilities and the brokerages um of liabilities from the contract and everyone goes their separate ways maybe someone couldnt get financing or no the buyer doesnt want to buy anymore or after an inspection things didnt turn out well youd use this document to cancel the contract so before we begin talking about it real quickly you know our companies in his realty inc were licensed in the state of florida the contracts we discussed such as this one is pertaining to the state of florida uh so at this time its only c
