Fill and Sign the Lease Rescission Form

Mutual Release of Claims Based on Contract with Rescission of Contract This Mutual Release and Rescission of Contract is made and entered into on this the ____ day of ____________, 20____, by ______________________________ of ____________________________________________________________ (street address, city, state, zip code) and ______________________________ of ____________________________________________________________ (street address, city, state, zip code) . WHEREAS, disputes and differences have arisen between ______________________________ and ______________________________ with respect to that certain contract entered into between the parties on the ___ day of __________, 20____, and a copy of the Contract is attached hereto as Exhibit A and made a part hereof in order that all such claims, demands, actions, responsibilities and liabilities of the respective parties may be ascertained. WHEREAS, the parties have agreed to execute this mutual release in settlement of such disputes and differences. 1. Release In consideration of the mutual relinquishment of their respective legal rights with respect to the above - mentioned disputes and differences, and in consideration of the execution of this mutual release, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, each of the undersigned parties expressly releases the other from all liability for claims and demands arising out of the Contract as described above. 2. Rescission of Contract The parties mutually agree that the above - mentioned Contract entered into between the parties on ______________________________ (date), shall be and is hereby rescinded, terminated and cancelled as of ______________________________ (date). IN WITNESS WHEREOF, the parties have signed this Mutual Release as of the day and date first above mentioned. ________________________________ ___________________________________