Before you sign legal documents like this, ask how to cancel if things don`t go the way you hope or if you change your mind. If you don`t receive a satisfactory response or if you can`t find out for yourself by reading the cancellation clauses, don`t sign until you have a lawyer to check and advise you. Here`s what you need to know about terminating listing agreements. Both parties may also choose to seek a judicial or arbitral award on the termination of the sales contract. For this reason, sales contracts should be treated with care and rigour, with legal experts at the head of both the seller and the buyer. If the home seller cannot provide a good property to the buyer, buyers can terminate the sales contracts. If the buyer is unable to obtain a mortgage before the date stated in the contract, the inspection of the house should reveal serious defects that need to be repaired or if it is found that the seller has not revealed any major problems with the house, the potential buyer can terminate the contract of sale. . . .