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Mutual Rescission of an Agreement to Sell

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  1. The property and the reason
  2. Seller and buyer
  3. The refund
  4. Possession, release and signing

Step 1 of 4

The property and the reason

What property does the transaction concern?Needed

Include plot/unit, area and project details.

A long answer. Several lines are fine, and a break you make between paragraphs is the break the document keeps.

For example: Residential plot measuring 500 square yards.

For example: Agreement to Sell dated 01 August 2026

Why are the parties mutually rescinding?Needed

State neutral facts.

A long answer. Several lines are fine, and a break you make between paragraphs is the break the document keeps.

For example: Buyer finance was declined and seller agreed to release buyer.

More details — you may leave these

A calendar date — the day, the month and the year. Dates in a document like this are read against one another, so a date typed here can change what another date is allowed to be.

For example: 15 September 2026

Read the whole draft

Clearing empties every box on this form, and there is no way back to what was in them.

The live draft

The draft, as it stands

This is the whole document, not a sample of it. It is rewritten every time you change an answer.

A long blank line — __________ — stands wherever an answer has not been given. It is left that visible on purpose, so an unfinished document cannot be mistaken for a finished one.

No answer has been given, so every place a detail belongs is standing blank. The shape of the document is worth reading even now.

MUTUAL RESCISSION OF AN AGREEMENT TO SELL

Rescission date: __________

Seller: __________, __________. Buyer: __________, __________.

Property: __________ (__________), __________. Agreement: __________.

Agreed sale consideration: __________. Buyer payments received: __________.

  1. MUTUAL RESCISSION

Reason: __________. Details: __________. The parties mutually agree that the identified agreement will not proceed to completion.

  1. REFUND

Refund to buyer: __________ by __________, reference __________, on __________.

  1. POSSESSION AND DOCUMENTS

Possession: __________.

Original documents: __________.

  1. RELEASE

Release scope: __________.

The agreement to sell is rescinded between the parties subject to completion of the refund/restoration obligations above. This rescission does not purport to cancel a separate completed registered conveyance.

  1. EXECUTION

Seller: __________

Buyer: __________

Witness 1: __________

Witness 2: __________

PERSONAL DATA NOTICE

This notice is given under the Digital Personal Data Protection Act, 2023.

Personal data in this document is collected only to document and complete the parties' mutual rescission of the identified agreement to sell, communicate about that purpose, verify expressly supplied transaction information, and retain an evidentiary record.

The record will be held by __________ and may be shown only to the buyer, seller, promoter/developer, authorised broker, advocate, lender, escrow holder, tax adviser, registering authority or other person directly involved in the stated cancellation, refund or settlement.

If the transaction is abandoned without a completed settlement, personal data will be retained for 90 days from that decision and then erased. If a cancellation, refund or settlement is completed, the record will be retained for that matter plus 12 months, except where a statute requires a longer named retention period.

A person named in this document may withdraw consent for future consent-based processing, request correction or erasure when the stated purpose has ended, or raise a grievance by writing to __________. The record-holder should acknowledge and respond within 30 days.

Data minimisation: this document does not collect a full Aadhaar number, an Aadhaar-card copy, a password or bank credentials, and none should be written into it. Use only transaction references and identity particulars genuinely required for the stated purpose.

Personal-data instruction: __________.

Record-holder: __________

The rest stays out of view until every answer is in.

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MUTUAL RESCISSION OF AN AGREEMENT TO SELL

Rescission date: __________

Seller: __________, __________. Buyer: __________, __________.

Property: __________ (__________), __________. Agreement: __________.

Agreed sale consideration: __________. Buyer payments received: __________.

  1. MUTUAL RESCISSION

Reason: __________. Details: __________. The parties mutually agree that the identified agreement will not proceed to completion.

  1. REFUND

Refund to buyer: __________ by __________, reference __________, on __________.

  1. POSSESSION AND DOCUMENTS

Possession: __________.

Original documents: __________.

  1. RELEASE

Release scope: __________.

The agreement to sell is rescinded between the parties subject to completion of the refund/restoration obligations above. This rescission does not purport to cancel a separate completed registered conveyance.

  1. EXECUTION

Seller: __________

Buyer: __________

Witness 1: __________

Witness 2: __________

PERSONAL DATA NOTICE

This notice is given under the Digital Personal Data Protection Act, 2023.

Personal data in this document is collected only to document and complete the parties' mutual rescission of the identified agreement to sell, communicate about that purpose, verify expressly supplied transaction information, and retain an evidentiary record.

The record will be held by __________ and may be shown only to the buyer, seller, promoter/developer, authorised broker, advocate, lender, escrow holder, tax adviser, registering authority or other person directly involved in the stated cancellation, refund or settlement.

If the transaction is abandoned without a completed settlement, personal data will be retained for 90 days from that decision and then erased. If a cancellation, refund or settlement is completed, the record will be retained for that matter plus 12 months, except where a statute requires a longer named retention period.

A person named in this document may withdraw consent for future consent-based processing, request correction or erasure when the stated purpose has ended, or raise a grievance by writing to __________. The record-holder should acknowledge and respond within 30 days.

Data minimisation: this document does not collect a full Aadhaar number, an Aadhaar-card copy, a password or bank credentials, and none should be written into it. Use only transaction references and identity particulars genuinely required for the stated purpose.

Personal-data instruction: __________.

Record-holder: __________

Reading costs nothing. Keeping a copy needs an account.

The opening of the draft is on this page as you answer it. Once every answer is in, the button below opens the whole draft, watermarked — still without an account. Printing it, or keeping a clean copy, is where an account is asked for. That is the whole arrangement.

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