A mutual rescission of contract is an agreement between two or more parties to terminate their respective duties and obligations under a contract. Basically, with this type of agreement all the parties are agreeing to cancel the original contract. Because this is a mutual rescission of contract, all parties to the contract that is to be rescinded must sign the rescission for it to be valid. This form may be used in North Carolina. This package contains: (1) Instructions and Checklist for the Mutual Rescission of Contract; (2) Information about the Mutual Rescission of Contract; and (3) The Mutual Rescission of Contract (the “Agreement”) $13.95 Click To Buy |