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