End Buyers / Sellers Termination Letter, should I add a penalty fee?

[Octavia D.]

End Buyers Termination Letter, should I add a liquidation damage / penalty fee?

This will also be added to the Purchase and Sale contract when assigned to the end buyer, does this help with them not backing out of the deal along with a memorandum recorded? Should I also include this liquidation fee for the seller if they back out, who gets the penalty fee, the seller or the end buyer?

Octavia

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