The Release Of Contract Form (Real Estate) is a crucial document used in Indian property transactions when parties mutually agree to terminate their existing contractual obligations. This document is typically employed when circumstances necessitate the cancellation of a property sale agreement, such as failure to secure financing, discovery of title issues, or other mutual agreements to terminate. The form must comply with Indian legal requirements, including the Indian Contract Act 1872, Transfer of Property Act 1882, and relevant state-specific real estate laws. It includes essential details about the original contract, property specifications, terms of release, and any financial settlements. The document serves as legal evidence of the termination and protects both parties from future claims or liabilities related to the original contract.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Details of all parties involved in the contract release, including the original buyer, seller, and their legal representatives if any
2. Background: Information about the original contract, including date of execution, registration details, and brief description of the property involved
3. Definitions: Key terms used in the release document including 'Original Contract', 'Property', 'Release Date', etc.
4. Release Statement: Clear and unambiguous statement of mutual agreement to release and discharge each other from all obligations under the original contract
5. Consideration: Details of any consideration paid for the release, if applicable
6. Return of Documents: Provisions regarding the return of original documents, title deeds, or other relevant paperwork
7. Mutual Covenants: Agreements by both parties not to make any future claims regarding the original contract
8. Governing Law: Specification that the release is governed by Indian law and jurisdiction
9. Execution: Signature blocks for all parties and witnesses
1. Refund Terms: Details of any refund of purchase price or deposits, used when there are financial settlements involved
2. Third Party Rights: Provisions regarding rights of any third parties affected by the release, used when there are mortgages or other encumbrances
3. Confidentiality: Provisions for maintaining confidentiality about the terms of release, used in sensitive transactions
4. Survival Clauses: Specification of any obligations that survive the release, used when certain rights need to be preserved
5. Indemnification: Provisions for mutual indemnification against future claims, used in high-value transactions
6. Dispute Resolution: Alternative dispute resolution mechanisms, used when parties want to specify arbitration or mediation
1. Schedule A - Property Details: Detailed description of the property including address, boundaries, and registration details
2. Schedule B - Original Contract Details: Key details from the original contract including date, registration number, and essential terms
3. Schedule C - Financial Settlement: Detailed breakdown of any financial settlements, including refunds or adjustments
4. Appendix 1 - Required Documents: List of all documents to be returned or exchanged as part of the release
5. Appendix 2 - Compliance Checklist: Checklist of legal and regulatory requirements for the release to be valid
Authors
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Construction
Legal Services
Banking & Finance
Property Development
Property Management
Commercial Real Estate
Residential Real Estate
Relevant Teams
Legal
Real Estate
Compliance
Property Management
Operations
Finance
Risk Management
Documentation
Corporate Affairs
Relevant Roles
Real Estate Lawyer
Property Manager
Legal Counsel
Compliance Officer
Real Estate Agent
Property Developer
Contract Manager
Real Estate Transaction Coordinator
Title Officer
Legal Document Specialist
Real Estate Broker
Property Acquisition Manager
Find the exact document you need
Mutual Release Agreement (Real Estate)
An Indian law-governed agreement enabling mutual release of claims and obligations between parties in real estate transactions.
find out more
Covenant Not To Sue Form
An Indian law-governed agreement where one party commits not to pursue legal action against another regarding specific claims while preserving underlying legal rights.
find out more
Unconditional Release From Listing Agreement
An Indian law-compliant document that unconditionally terminates a real estate listing agreement and releases all parties from their obligations.
find out more
Release Of Memorandum Of Contract
An Indian law-compliant document that formally releases parties from their obligations under a previously executed memorandum of contract.
find out more
Release Of Liability Contract
An Indian law-compliant document that establishes a legally binding waiver of liability rights between parties, protecting against potential claims while ensuring regulatory compliance.
find out more
Release Of Covenant
An Indian legal document that formally releases parties from property-related covenant obligations, governed by Indian property and contract law.
find out more
Release Of Contract Form (Real Estate)
An Indian law-compliant document that mutually terminates a real estate contract and releases parties from their original obligations.
find out more
Personal Trainer Release Of Liability Form
An Indian jurisdiction liability waiver form between personal trainers/fitness facilities and clients, protecting trainers from legal claims while acknowledging training risks.
find out more
Mutual Release Agreement Landlord Tenant
An Indian law-governed agreement that mutually releases landlord and tenant from lease obligations and future claims while documenting the terms of lease termination.
find out more
Release And Covenant Not To Sue
An Indian law-governed agreement combining a release of claims with a promise not to initiate legal proceedings regarding specified matters.
find out more
Co Performer Release Agreement
An Indian law-governed agreement where a co-performer releases their rights in a recorded performance, ensuring compliance with copyright and contract laws.
find out more
Use Of Likeness Agreement
An Indian law-governed agreement that establishes terms for the commercial use of an individual's likeness, image, or personal characteristics.
find out more
Likeness Agreement
An Indian law-governed agreement that establishes terms for using an individual's likeness, image, or personal attributes for commercial purposes.
find out more
Video Release Agreement
An Indian law-compliant agreement authorizing the use and distribution of video content featuring an individual's appearance or performance.
find out more
Release Of Liability Waiver Form
An Indian law-compliant legal document where participants waive their right to sue for potential injuries or damages during specified activities.
find out more
Mutual Release Agreement Of Purchase And Sale
An Indian law-governed agreement providing mutual release of claims between buyer and seller following a purchase and sale transaction.
find out more
Waiver Of Rights Agreement
An Indian law-governed agreement documenting the voluntary surrender of specific legal rights, claims, or privileges by one party to another.
find out more
Waiver Of Claims Agreement
An Indian law-governed agreement where one party formally relinquishes specified legal rights or claims against another party, creating a binding waiver of future legal action.
find out more
Resignation Agreement And General Release
An Indian law-governed agreement documenting an employee's voluntary resignation and mutual release of claims, detailing separation terms and final settlements.
find out more
Release Of Guaranty Form
An Indian legal document that formally releases a guarantor from their obligations under a previous guarantee agreement, governed by the Indian Contract Act.
find out more
Contract And Release
An Indian law-governed agreement that combines contractual obligations with a release of claims or rights, subject to Indian Contract Act, 1872.
find out more
Insurance Hold Harmless Agreement
An Indian law-governed agreement combining insurance requirements and hold harmless provisions to establish risk transfer and liability protection mechanisms between contracting parties.
find out more
Debt Waiver Agreement
An Indian law-governed agreement documenting the formal waiver of debt obligations between a creditor and debtor, including terms and conditions of the debt forgiveness.
find out more
Agreement Not To Sue
An Indian law-governed agreement where one party formally commits not to pursue legal action against another party regarding specific claims or disputes.
find out more
Release And Settlement Of Claim
An Indian law-governed agreement that documents the settlement of claims between parties, including release terms and consideration.
find out more
Release Of Security Agreement
An Indian law-governed document that formally releases and discharges security interests over assets, confirming satisfaction of secured obligations.
find out more
Release Of Claim And Subrogation Receipt
An Indian jurisdiction document that releases liability for a settled claim and transfers subrogation rights to the insurer.
find out more
Confidential Separation Agreement And General Release
An Indian law-governed agreement that documents employment termination terms, including confidentiality provisions and mutual releases, while ensuring statutory compliance.
find out more
Release And Waiver Of Liability Form
An Indian law-compliant legal document where participants waive their right to sue for damages related to voluntary participation in specified activities, subject to the Indian Contract Act 1872.
find out more
Release And Hold Harmless Agreement
An Indian law-governed agreement that releases one party from liability and provides protection against future claims, incorporating comprehensive indemnification provisions.
find out more
Release Of Guarantee Agreement
An Indian law-governed agreement that formally releases and discharges a guarantor from their obligations under a previous guarantee arrangement.
find out more
Lease Contract Termination Letter
A formal notice under Indian law to terminate a lease agreement, including essential details about property handover and compliance with local tenancy laws.
find out more
General Release For Employment Termination
An Indian law-compliant agreement documenting employment termination terms, settlement details, and mutual release of claims between employer and employee.
find out more
Equipment Rental Release Form
An Indian law-compliant document establishing terms, conditions, and liability releases for equipment rental arrangements.
find out more
Mutual General Release Form
An Indian law-compliant bilateral agreement where parties mutually release each other from all claims and liabilities arising from specified events or relationships.
find out more
Layoff Release Agreement
An Indian law-governed agreement that documents employment termination terms and mutual releases between employer and employee during a layoff process.
find out more
Land Contract Release Form
An Indian legal document that releases parties from obligations under an existing land contract, governed by Indian property and contract laws.
find out more
General Release Waiver
An Indian law-compliant document that releases one party from liability, claims, or legal obligations to another party, incorporating essential elements under the Indian Contract Act.
find out more
Hold Harmless Vehicle Release
An Indian jurisdiction Hold Harmless Vehicle Release agreement that protects parties from liability related to vehicle usage and incidents.
find out more
Release And Confidentiality Agreement
An Indian law-governed agreement combining release of claims and confidentiality obligations between parties, ensuring information protection while settling rights or claims.
find out more
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)