🔚 Deed of termination of contract

If a party wants to end a contract before it is due to expire, they may use a deed of termination. This is a legal document that sets out the agreement between the parties to end the contract. The deed of termination will state the date on which the contract will end and the terms of the contract that will continue to apply after it has ended. The parties may agree to terminate the contract for any reason, including if the contract is no longer convenient or if they have disagreements.