This Mutual Release of Notice of Contract with Affidavit form is for an individual contractor and owner to provide information including the location and description of land where the parties entered into an employment/contract for work to be performed, a statement that no work had begun on the land as of a certain date, and that the contractor and owner desire to mutually release the Notice of Contract for the project, making it ineffective. The recorder of mortgages shall immediately cancel the contract upon the filing of this Mutual Release with Affidavit.