The cancellation letter should state the reason for the cancellation and the date of cancellation. If the contract has been breached, the cancelling party may also include information about how they plan to remedy the breach. It’s important to cancel a contract the right way to avoid any legal penalties or repercussions. Here’s a sample cancellation letter for contract to help you get started.
When cancelling a contract, be sure to include the following information:
-The date of the letter
-Your name and address
-The name and address of the person or company you are cancelling the contract with
-A statement that you are cancelling the previous contract
-The date the contract is being cancelled as of
Sample Cancellation Letter of Contract
If you need to cancel a contract, follow these steps to do it the right way. First, send a cancellation letter by certified mail so you have proof of when it was sent and received.
It is important to write a cancellation letter of contract because it gives both parties a written record of the cancellation. This can help prevent future misunderstandings about the terms of the agreement. The letter should include the date of the original contract, the names of both parties, and a statement that says the contract is being terminated. It is also a good idea to include the reason for cancelling the contract in the letter.
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