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A notice by a party to a Land Contract where a party agrees to release the other from the conditions and obligations of the Land Contract that would otherwise be enforceable by law.
CANCELLATION OF LAND INSTALLMENT CONTRACT KNOWN ALL MEN BY THESE PRESENTS, that the undersigned, _______________________, (hereinafter referred to as “Vendor”), and _________________________, (hereinafter referred to as “Vendee”), do hereby certify that the Land Installment Contract entered into by and between the parties dated __________, 20___, and recorded on ___________, 20___, as Instrument Number ___________ of the _________ Records has been cancelled. Vendor and Vendee do hereby authorize and direct the _________ Recorder to cancel the Land Installment Contract of record. IN WITNESS WHEREOF, Vendor and Vendee has executed this Cancellation of Land Installment Contract on this day of _________, 20___. Vendor: ______________________________ ________________ Vendee: ______________________________ ________________ STATE OF ____________, __________
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