Sign Up or Log in
Homepage
Buy
Sell
Flat Fee MLS
Title
How it Works
Contact

Real Estate Glossary

What is Cancellation Clause?

This is a provision in a contract that allows either party to cancel the agreement under certain conditions. A cancellation clause may specify that the contract can be cancelled if certain events occur, such as the failure of one party to fulfill their obligations or the discovery of a material misrepresentation.