Frequently Asked Questions

Legal Hotline FAQ

A blog of the most frequently asked questions to the Maryland REALTORS Legal Hotline.

Cindy Sellers
Cindy Sellers
Cindy Sellers's Blog

Mutual Release of Contract/Release of Deposit.

The Mutual Release of Obligation Under Contract/Mutual Release of Deposit Agreement is actually two separate forms on one page.Use the top section of the form, the Mutual Release of Obligation Under Contract, when Buyer and Seller mutually agree to terminate the Contract.  The bottom section, the Mutual Release of Deposit Agreement, is used where Buyer and Seller agree on how the Deposit should be disbursed. 

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