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The Real Estate Cancellation Letter is a crucial document in Saudi Arabian property transactions, used when parties need to formally terminate a real estate contract before its natural conclusion. This document is essential in various scenarios, such as when conditions precedent aren't met, mutual agreement to terminate, or when specific contractual provisions allow for early termination. The letter must comply with both Saudi civil law and Sharia principles, requiring careful attention to local real estate regulations and REGA guidelines. It typically includes comprehensive details about the property, parties involved, original contract references, reasons for cancellation, and any financial settlements. The document's format and content must consider recent reforms in Saudi real estate law and may require official authentication depending on the transaction's nature.

1. Sender Details: Full legal name, address, and contact information of the party initiating the cancellation

2. Date: Current date of the letter in both Gregorian and Hijri calendars as per Saudi requirements

3. Recipient Details: Full legal name, address, and contact information of the other party to the contract

4. Property Information: Detailed description of the property including address, title deed number, and any relevant registration numbers

5. Contract Reference: Original contract details including date of signing and any reference numbers

6. Cancellation Declaration: Clear statement of intent to cancel the real estate contract

7. Reason for Cancellation: Specific grounds for cancellation with reference to relevant contract clauses or legal provisions

8. Financial Settlement: Details of any financial settlements, refunds, or penalties associated with the cancellation

9. Closure Statement: Formal closing statement confirming mutual release of obligations

10. Signature Block: Space for signatures, names, and dates for all parties involved