Notice of Termination of Contract
Plain-English form education, related documents, and how the pieces connect.
What this form is for
Designed to be a notice from the buyer to the seller to terminate the contract under the option provision of the TREC contract forms. Under the option provision, the buyer may choose to: (1) do nothing and let the option period expire; (2) terminate the contract by sending written notice to the seller within the time required; or (3) amend the contract in agreement with the seller and agree to waive the buyer's right to terminate.
Key sections and how to complete the form
Use the form in order. The sections below explain the main decisions, blanks, disclosures, or deadlines the form is designed to address. Complete the actual form from the transaction facts and the instructions printed on the current version.
Identify the agreement and parties
Make sure the notice references the correct property, agreement, sender, and recipient.
State the triggering event or election
Complete the portion of the form that identifies why the notice is being given and any date or deadline stated in the form.
Delivery matters
Keep evidence of how and when the notice was delivered because rights and deadlines may depend on delivery.
Related forms and resources
These documents may connect to this form depending on the property, financing, occupancy, disclosure requirements, or other facts of the transaction. Open the related resource to see what it does and how it is completed.
No additional form relationship is stated in the supplied reference material for this resource. Use the form description and your broker’s file requirements to determine whether anything else is needed.
This page explains the form; complete the current official TREC version for the transaction. Form shown in this resource: TREC 38-8.
Open TREC contract formsNeed further assistance?
For transaction-specific questions, contact your broker or Broker Rochelle Fitzgerald at Fitz & Co. Real Estate.
For educational purposes only. Agents should verify current forms and consult with their broker when needed.