Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Cancellation Of Contract To Sell
"I need a Cancellation Of Contract To Sell for a commercial property transaction in Singapore, where both parties have mutually agreed to terminate the sale due to financing issues, with a full refund of the $500,000 deposit to be processed by March 15, 2025."
1. Parties: Identification of all parties involved in the original contract
2. Background: Details of the original contract and circumstances leading to cancellation
3. Definitions: Key terms used in the cancellation agreement
4. Cancellation Terms: Specific terms and conditions of the cancellation
5. Effective Date: When the cancellation takes effect
6. Mutual Release: Release of obligations and liabilities between parties
1. Refund Terms: Details of any refunds or payments, applicable when money has been exchanged under the original contract
2. Return of Property: Provisions for returning any property or goods, applicable when physical items or property need to be returned
3. Confidentiality: Obligations regarding confidential information, applicable when sensitive information was shared during the original contract
4. Surviving Obligations: Clauses that continue after cancellation, applicable when certain obligations need to survive the cancellation
1. Original Contract: Copy of the contract being cancelled
2. Payment Schedule: Details of any refunds or outstanding payments
3. Property Schedule: List of any property or items to be returned
4. Settlement Statement: Final accounting between the parties
Authors
Original Contract
Cancellation Date
Effective Date
Parties
Seller
Buyer
Property
Goods
Purchase Price
Deposit
Refund Amount
Outstanding Obligations
Released Claims
Settlement Amount
Completion Date
Business Day
Confidential Information
Force Majeure Event
Governing Law
Notice
Representatives
Transaction Documents
Mutual Release
Surviving Provisions
Termination
Mutual Release
Refund and Payment
Return of Property
Confidentiality
Representations and Warranties
Release of Obligations
Settlement Terms
No Admission of Liability
Return of Documents
Further Assurance
Survival of Terms
Notices
Costs and Expenses
Entire Agreement
Severability
Waiver
Assignment
Governing Law
Dispute Resolution
Force Majeure
Third Party Rights
Counterparts
Find the exact document you need
Download our whitepaper on the future of AI in Legal
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.