Notice

TXR 1902 — Notice of Buyer's Termination of Contract

This form provides a standardized, written notice for a buyer to formally terminate a real estate contract under one of the contractual termination rights provided in the TREC contract forms and their associated addenda. It identifies the specific provision under which the buyer is terminating, crea

Source: TXR
Form Number: 1902
Category: Notice
Revised: February 10, 2025

Used For

Residential Sales, Farm & Ranch, Vacant Land

Form Outline

The TXR 1902 form is organized into the following sections:

  1. Header and Property Identification
    Identifies the property and the parties to the contract being terminated. Links this notice to the specific contract by property address and seller name.
  2. Termination Reasons
    Lists eight possible contractual bases for the buyer's termination. The buyer checks the applicable box to identify which provision grants the right to terminate. Only one reason should typically be selected, though multiple may apply.
  3. Notice Disclaimer and Legal Warnings
    Clarifies that this termination notice does not constitute an election of remedies and that earnest money release is determined by the contract terms, not by this notice. Advises consulting an attorney and reminds that agents cannot give legal advice.
  4. Buyer Signature and Date
    Provides signature lines for up to two buyers to sign and date the notice. Only the buyer(s) sign this form — the seller does not sign.

How RaiderX Agents Use This Form

When you upload a signed TXR 1902 to a deal in RaiderX's Deal Manager, it reads the form's key dates and terms and automatically builds out your deadlines, contingencies, and tasks — so nothing slips through the cracks between contract and closing. Forms with a fill map also support e-signature directly inside RaiderX, so you can send this document for signature without leaving the platform.

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