A mutual rescission and release agreement isnt usually very complicated as all that needs be included is the parties rescission i. The benefits of a rescission agreement.
Sample mutual rescission and release agreement.
Rescission agreement template. Download printable contract doc format formatted and ready to use with microsoft word google docs or any other word processor that can open the doc file format. Rescission agreements come with their fair share of risks but in the same vein there are lots of attached benefits including these below. Sign two copies of the rescission one for you and one for the other party.
A mutual rescission and release agreement is one way that all parties to a contract can cancel rescind the agreement without incurring legal liability. Under a mutual rescission and release all parties to a contract mutually agree that the contract is null and void. A mutual rescission and release agreement is a very simple document whereby two parties that previously entered into a contract with each other agree to rescind or cancel the contract.
Ease of mind a mutual rescission agreement provides a clear no strings attached ending to a contract which can allow both parties ease of mind. Save sign print and download your document when you are done. Keep your copy of the signed rescission with the original agreement.
A corporation incorporated under the laws of the state of alabama having its principal place of business at the following address. More than just a template our step by step interview process makes it easy to create a mutual rescission and release agreement. Create your own printable contract free.
Mutual rescission and release agreement. This mutual rescission and release agreement hereinafter referred to as rescission is entered into and made effective as by and between the following parties. Once the rescission has been drafted and signed it is the concluding part of the original agreement and should be treated accordingly.
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