Letter Of Cancellation Of Contract Template for Austria

A Letter of Cancellation of Contract is a formal document used under Austrian law to terminate an existing contractual relationship. It must comply with the Austrian Civil Code (ABGB) and, where applicable, the Consumer Protection Act (KSchG). The document serves as official notice of contract termination, specifying the parties involved, contract details, effective termination date, and any relevant notice periods. It may also address outstanding obligations, property return requirements, and ongoing commitments that survive termination. The letter must meet specific formal requirements under Austrian law, including clear identification of parties, explicit termination statement, and proper delivery methods.

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What is a Letter Of Cancellation Of Contract?

The Letter of Cancellation of Contract is a crucial legal document used in Austria when one party wishes to formally terminate an existing contractual arrangement. It is governed by the Austrian Civil Code (ABGB) and must comply with specific legal requirements regarding form, content, and delivery. This document type is essential in various business contexts, from service agreements to supply contracts, and can be used for both ordinary termination (with notice period) and extraordinary termination (for cause). The letter must clearly state the intention to terminate, identify the contract being cancelled, specify the effective date, and address any relevant notice periods or special conditions. It serves as official documentation of the termination and helps protect both parties' legal interests during the contract dissolution process.

What sections should be included in a Letter Of Cancellation Of Contract?

1. Sender Details: Full name, address, and contact information of the party sending the cancellation notice

2. Recipient Details: Full name, address, and contact information of the party receiving the cancellation notice

3. Date: Current date and place of writing

4. Reference Line: Clear reference to the original contract including contract date and any reference numbers

5. Subject Line: Clear indication that this is a contract cancellation notice (Kündigungsschreiben)

6. Contract Identification: Specific details of the contract being cancelled, including date of original agreement and parties involved

7. Cancellation Declaration: Clear and unambiguous statement of contract cancellation

8. Effective Date: Specification of when the cancellation takes effect, considering any notice periods

9. Signature: Formal signature block with name and title of the sender

What sections are optional to include in a Letter Of Cancellation Of Contract?

1. Cause for Cancellation: Include when cancellation is due to specific breach or circumstances that justify immediate termination

2. Outstanding Obligations: Section addressing any remaining payments, services, or obligations to be settled

3. Return of Property: Include when there are physical items or documents that need to be returned

4. Confidentiality Reminder: Reference to ongoing confidentiality obligations that survive termination

5. Settlement Terms: Include when parties need to agree on final settlement of accounts or obligations

6. Legal Reservations: Include when sender wants to reserve legal rights for future claims

What schedules should be included in a Letter Of Cancellation Of Contract?

1. Copy of Original Contract: Attachment of the contract being cancelled for reference

2. Proof of Breach: If cancellation is for cause, documentation supporting the breach or justification

3. Delivery Confirmation: Proof of delivery form for registered mail or courier service

4. Outstanding Items List: Detailed list of any outstanding items, payments, or obligations to be settled

5. Power of Attorney: If the cancellation is being made by an authorized representative, documentation of authority to act

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Austria

Publisher

Genie AI

Cost

Free to use

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