Restitution is the termination of a contract,and rescission is the return of any property given up under the contract.

Sometimes contracting parties want to be returned to their precontract status; they want to have the contract terminated and to have any transferred property returned to its original owner.That is,they want rescission and restitution.Rescission is the termination of a contract,and restitution is the return of any property given up under the contract.