1. The termination of the contract cannot be excluded by agreement. 1. The contract is terminated within the meaning of your legal opinion. Now publish the same thing in a national and regional newspaper. Then you can enter into a new contract to sell with another potential buyer. 2) Since you do not want to continue the purchase, inform the seller that you are terminating the contract and it is free to search for another buyer If you wish to revoke the contract and not claim any damage, there is no need to go to court. There would be an expiry clause in the agreement that would give the seller the right to lose the symbolic money in the event of a breach by the buyer. This is in addition to the periodic redress available to the parties through legal action for the specific implementation of the agreement. The termination of the contract is not necessary if the contract itself provides for the deadline for the execution of the contract. In such cases, time is the essence of the treaty. If you are still interested in a legal document, you can file a complaint for the declaration of cancellation of the contract.
You can also publish a public notice in the local newspaper. 8) You can terminate the contract by informing the seller that you do not want to continue buying the property and cancel the contract. It was forcefully asserted that the provisions would only allow discharge against a person who sought termination himself and not against a defendant in court. But the court ordered the miners to repay the money. (2) Normally, there are clauses mentioned in the termination agreement, 1. If a cancelled or unreassigned contract has been terminated at the request of one party, the court may ask the party to reinstate the benefits it received under the contract and to pay the other party compensation that may be demanded by the courts. The complainants were in possession of farmland and decided to sell the respondents by deed of sale. The applicant submitted, however, that the consideration for the sale had not been fully paid and that the Tribunal, among other things, was entitled to sue to quash the sale decision. The applicant also claimed physical possession of the complaint which was to be reinstated to them. On the other hand, the respondent argued that the motion had not revealed a plea and that it had been excluded by the restriction, which is one of two grounds for dismissing a Rule VII motion, Rule VII, CPC.
3. If not, you are required to terminate the contract and the amount you received from him in advance (in the absence of a forfeiture clause). In Kaliaperumal vs Rajagopal, the Apex court ruled: « If the intention of the parties was that the title be transferred to the execution and registration, the title would be transferred to the buyer, even if the sale price or part of it is not paid. In the event of non-payment of the price (or sale price, as the case may be), the seller`s recourse should only be on the balance. The Court took a similar approach in this case, which primarily protects the interests of both parties involved. The need to terminate the intention to execute a deed of sale deters the Vendee from exploiting the seller and exerting undue influence on the seller. On the other hand, it also has control over the seller`s foul game, which could distort the facts and cancel the Registered Sale Deed according to his whims and weaknesses, which causes great inconvenience for the Vendéens.