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🔚 Termination of contract

🔚 Termination of contract

About this category

A termination of contract is a legal agreement between two parties that outlines the terms of ending their relationship. This includes specifying the obligations each party has to the other, as well as any financial or other penalties that may be incurred as a result of the termination.

🔚 Termination of contract

templates

Contract Termination By Consent

A deed of termination is a legal document used by parties who want to end a contract by mutual agreement. It outlines the options for dealing with the rights and obligations of the parties under the terminated contract.

What to watch out for

  • The termination of a contract by consent of both parties.
  • The options for dealing with the parties' rights and liabilities under the terminated contract.
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    Publisher

    Genie AI

    Jurisdiction

    England and Wales

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    Deed of Surrender (Lease)

    A deed of surrender is a legal document in which a tenant gives up their rights to a property, including any release provisions.

    What to watch out for

  • The deed of surrender should be clear and unambiguous, and should accurately reflect the terms of the lease agreement.
  • The deed should be signed by both the landlord and the tenant, and should be witnessed by an independent third party.
  • The deed should be registered with the relevant authority, if required by law.
  • The deed should include provisions for the release of the tenant from any further obligations under the lease agreement.
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    1
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    Publisher

    Genie AI

    Jurisdiction

    England and Wales

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    Associated business activities

    End a contract

    template 1. The first reason why someone might want to end a contract is if the other party has breached the terms of the contract. This could include things like not fulfilling their obligations, or not paying what they owe. 2. Another reason why someone might want to end a contract is if the circumstances have changed and it is no longer possible or desirable to continue with the contract. For example, if the goods that were to be supplied under the contract are no longer available. 3. Finally, someone might want to end a contract simply because they no longer want to be bound by it. This could be because they have found a better deal elsewhere, or because they have changed their mind about what they want.

    Legal firms who might be able to help

    Note: Although we list lawyers as well as legal firms who may be able to help, this does not indicate that the listed law firms have an affiliation or partnership with Genie AI.

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