06-30-08 EQUAL HOUSING OPPORTUNITY PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION (TREC) NOTICE OF BUYER'S TERMINATION OF CONTRACT CONCERNING THE CONTRACT FOR THE SALE OF THE PROPERTY AT (Street Address and City) BETWEEN THE UNDERSIGNED BUYER AND (SELLER) Buyer notifies Seller that the contract is terminated pursuant to the following: (1) the unrestricted right of Buyer to terminate the contract under Paragraph 23 of the contract. (2) Buyer cannot obtain Financing Approval in accordance with the Third Party Financing Condition Addendum to the contract. (3) the Property does not satisfy the lenders' underwriting requirements for the loan under Paragraph 4A(1) of the contract. (4) Buyer elects to terminate under Paragraph A of the Addendum for Property Subject to Mandatory Membership in a Property Owners' Association. (5) Buyer elects to terminate under Paragraph 7B(2) of the contract relating to the Seller’s Disclosure Notice. (6) Other (identify the paragraph number of contract or the addendum): NOTE: Release of the earnest money is governed by the terms of the contract. Buyer Date Buyer Date This form has been approved by the Texas Real Estate Commission for use with similarly approved or promulgated contract forms. Such approval relates to this form only. TREC forms are intended for use only by trained real estate licensees. No representation is made as to the legal validity or adequacy of any provision in any specific transactions. It is not suitable for complex transactions. Texas Real Estate Commission, P.O. Box 12188, Austin, TX 78711-2188, 1-800-250-8732 or (512) 459-6544 (http:// www.trec.state.tx.us) TREC No. 38-2. This form replaces TREC No. 38-1. TREC No.38-2