Rescission of a contract means to put the parties back in the same circumstances they were in before making the agreement. If the agreement involved the sale of goods, the goods would be returned to the seller and the money for the goods would be returned to the buyer.
Notice of Rescission of Contract and Offer of Restoration To: (Name of Other Party to Contract) (Address Other Party to Contract) (Salutation) Please take notice that the undersigned hereby rescinds the Contract made between you and me on (date), with regard to (describe) on the grounds that (describe grounds). I hereby offer to re-convey to you any property obtained from you under this Contract and to restore everything of value received from you, to surrender the possession of all these propert
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