8) You can terminate the contract by informing the seller that you do not wish to continue the purchase of real estate and terminate Contract 1. The clause „The seller/owner is free to sell the calendar property to other people at any price and conditions and that the termination of that purchase agreement“ does not communicate/irrefutablely mean that such non-payment automatically nullifies the agreement in question, 2) by sending a letter by mail, that the full payment has not been terminated within the 3-month period of agreement. There is a difference between the sales contract and the sales contract. in the sale agreement, the seller has the right to cancel the sale after informing the buyer that the buyer is not complying with the terms of the contract. if the price is paid in part, but the buyer has not paid the amount of the pension in the agreed period, then the seller can sell this property to any other buyer after informing the former buyer. well, you can sell this property to another buyer because you informed the buyer correctly. If you have accepted his proposal to extend the deadline, you should revoke it by notification. It`s mandatory for you. If the contract has been registered, both parties must also be present for its cancellation. As a businessman, you are always in contract with different suppliers, customers and suppliers. If some of these contracts involve oral communication, some of them will require legal agreements between the two or more parties. In any case, always remember that some contracts are not going well as planned and therefore need to be terminated. However, if you have decided to terminate a contract, always be sure to do so officially through a letter of official termination of the sales contract.

This will not only sell your professionalism, but also maintain a positive relationship even after the termination of the contract. C. Since the buyer has not received the registration, you can deduct the amount of the advance in the presence of a penalty clause in the contract. And after the notification, you have the freedom to transfer your property as you wish. 2. In your case, the agreement provides for the payment of the balance within 3 months, a condition that has been disgraced by the potential buyer.