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In this video tutorial, Tiffany Weber, a North Carolina real estate attorney, addresses the process of terminating a real estate contract. She emphasizes that while receiving a call from a client wishing to terminate a contract is challenging, it’s essential to handle the termination correctly to avoid remaining under contract inadvertently. The discussion focuses on identifying who can terminate a standard offer to purchase and the proper procedures to follow. Tiffany advises confirming that you are using the latest version of the contract forms, specifically mentioning the July 2022 version, to ensure compliance and clarity in the termination process.
