Real Estate Contract Termination Letter

[Your Name]

[Your Address]

[City, State, ZIP Code]

[Email Address]

[Phone Number]

[Date]

[Recipient's Name]

[Recipient's Address]

[City, State, ZIP Code]

Subject: Termination of Real Estate Contract for [Property Address]

Dear [Recipient's Name],

I am writing this letter to formally request the termination of the real estate contract for the property located at [Property Address]. The contract was entered into on [Date of Contract], and the parties involved are myself as the buyer and [Seller's Name] as the seller.

Due to unforeseen circumstances and changes in my personal circumstances, I regret to inform you that I am unable to proceed with the purchase of the aforementioned property. It is with sincere regret that I have to request the termination of our contract. I have thoroughly enjoyed working with you and appreciate your understanding in this matter.

Per the terms and conditions outlined in the contract, I understand that there may be certain penalties or fees associated with the termination of the agreement. I am prepared to fulfill any obligations as outlined in the contract in this regard.

I kindly request your assistance in initiating the necessary steps to terminate the contract and address any financial or legal matters that may arise from this decision. Please provide me with the relevant information and procedures to ensure a smooth and efficient termination process.

I would like to express my gratitude for your professionalism and support throughout this process. I understand the inconvenience that this may cause and assure you that this decision has not been taken lightly.

Please feel free to contact me at [Your Phone Number] or [Your Email Address] to discuss the details of the contract termination and to address any further steps that need to be taken.

Thank you for your understanding and cooperation.

Sincerely,

[Your Signature]

[Your Printed Name]

Enclosures: [List any documents enclosed with the letter, if applicable]