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Owner-occupied home
Owner-occupied home

Terminating a home purchase agreement

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Detailed explanation, checklist and sources

Do you want to withdraw from a home purchase? Distinguish between the statutory cooling-off period, an agreed cancellation condition and a breach by the other party.

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Determine the basis for termination

Note when you received the signed purchase agreement and read the cancellation conditions. Different requirements apply to each way of withdrawing from the purchase. Outside the cooling-off period, you cannot simply reverse the purchase because you regret it.

Check the procedure in your deed

Find the end date, supporting documents and addressee. A breach may first require a notice of default and an opportunity to remedy; have this assessed separately.

Limit the risk of a penalty

Have your notice checked if the basis or deadline is uncertain. Keep proof of receipt and sign a termination agreement only after checking costs and final discharge.

Your checklist

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Tick what you have checked or collected. Note what is missing and take your overview to a meeting.

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Signed purchase agreement

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List events and contacts. Note where you keep the evidence; no upload is needed.

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Record what happened, when, the response and where to find the letter, message or photo. Mark uncertain dates.

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No. You only note where it is kept. No files are uploaded or sent automatically.

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For each event, note the date, what happened and where the evidence is kept. Example: 3 October — letter received — correspondence folder.

Describe the solution you would like, such as an explanation of a deduction and repayment of the outstanding amount.

For example: which document is missing, who can provide it and what should I do first?

Record the date and its source. If unknown, note this and check promptly. This tool does not calculate or monitor deadlines.

After your conversation

These are your own notes. Confirm agreements with the other person; these notes do not prove their agreement.

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  • Signed purchase agreement
  • Date of receipt
  • Cancellation conditions and messages

Frequently asked questions

Is termination the same as not going to the notary?

No. Failing to cooperate with transfer may itself constitute a breach. Arrange termination demonstrably and on time.

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Sources and further information

Royal Dutch Association of Civil-Law Notaries — cancellation conditions ↗Royal Dutch Association of Civil-Law Notaries — contingencies in a sale ↗

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