Real Estate Contract Cancellation Letter

YOUR NAME]

[YOUR ADDRESS]

[YOUR EMAIL]

January 3, 2051

Margaret Ashbrook

928 Green Avenue,

Oakland, CA 94612

Dear Ms. Ashbrook,

I am writing to formally cancel the Real Estate Contract identified as contract number E-2022-123456 dated January 1, 2050, that was drawn between us for the property located at 1234 Oak Street, Meadowville, CA 90210.

After much consideration, I have made the difficult decision to not move forward with the purchase at this time due to unforeseen personal circumstances. I would like to express my sincere apologies for any inconvenience that this may cause you. I understand fully that canceling a contract of this nature is not a simple matter, and time and resources have been invested into this.

As per the terms and conditions of our contract, I am aware that I am entitled to a refund of the earnest money deposit. I kindly request that you process this at your earliest convenience, and provide me with confirmation once this has been done. For your reference, all the necessary documentation for this request has been attached to this letter.

Once again, I wish to express my thanks for your understanding in this matter. I do hope that we can work together on a potential project in the future when circumstances are more favorable.

Please confirm receipt of this communication and advise me on the next steps that need to be taken to formalize the cancellation.

Yours sincerely,

[YOUR NAME]