Contracts
In Montana, a purchase agreement may be voided by mutual consent of both parties through a:
AUnilateral amendment by the buyer only
BMutual release agreement signed by both buyer and seller✓ Correct
CCourt order only
DVerbal agreement between the agents
Explanation
A Montana purchase agreement can be cancelled by mutual consent of both parties through a written mutual release agreement. This document formally terminates the contract and typically addresses the disbursement of the earnest money deposit.
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