Approved by the Wisconsin Real Estate Examining Board
5-1-22 (Optional Use Date) 7-1-22 (Mandatory Use Date)
WB-45 Cancellation Agreement and Mutual Release
The undersigned Parties agree that the ________________________________________________________________
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insert type of contract, e.g., offer to purchase, lease, option, etc. (Contract) dated ________________________, for the
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property located at _______________________________________________________________________________,
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in the ______________________of_______________________, State of Wisconsin, is canceled and the Parties hereby
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release all of their right, title, and interest in and to the Contract, and any and all claims arising out of the transaction.
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The Parties hereby release the Firms and their licensees from any and all liability for disbursing trust funds as directed
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and hereby authorize and direct the Firm or third party holding the earnest money or other trust funds to disburse the
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trust funds held on behalf of the Parties as follows:
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$ ________________________ shall be disbursed to ____________________________________________________
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Address (optional): _______________________________________________________________________________
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$ ________________________ shall be disbursed to ____________________________________________________
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Address (optional): _______________________________________________________________________________
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This Cancellation Agreement and Mutual Release (CAMR) shall be effective only if all Parties to the Contract have signed
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an identical copy of this CAMR (including signatures on separate but identical copies of the CAMR), and if the fully-
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executed CAMR has been delivered to the Party initiating the CAMR on or before _______________________________
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______________________. Delivery may be made in any manner authorized in the Contract.
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NOTE: The Party initiating this CAMR may withdraw the CAMR prior to acceptance and delivery as provided at
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lines 13-16.
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(X) ______________________________________________________________________ _____________________
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Party's Signature Print Name Here ► Date
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(X) ______________________________________________________________________ _____________________
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Party's Signature Print Name Here ► Date
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(X) ______________________________________________________________________ _____________________
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Party's Signature Print Name Here ► Date
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(X) ______________________________________________________________________ _____________________
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Party's Signature Print Name Here ► Date
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(X) ______________________________________________________________________ _____________________
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Party's Signature Print Name Here ► Date
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(X) ______________________________________________________________________ _____________________
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Party's Signature Print Name Here ► Date
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