A mutual rescission of contract is an agreement between two or more parties to terminate their respective duties and obligations under a contract. Basically, with this type of agreement all the parties are agreeing to cancel the original contract. Because this is a mutual rescission of contract, all parties to the contract that is to be rescinded must sign the rescission for it to be valid.
This package contains: (1) Instructions and Checklist for the Mutual Rescission of Contract; (2) Information about the Mutual Rescission of Contract; and (3) The Mutual Rescission of Contract (the “Agreement”).
This updated contract is valid in all 50 states.
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This Mutual Rescission of Contract also includes:
1. Instructions & Checklist;
2. Detailed information; and
3. Mutual Rescission of Contract fill-in-the-blank form.
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