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This contract termination letter template is designed as a sample to be used in business settings for notification of a contract cancellation. A contract termination letter is a formal business notice sent from one firm to another intending to end a contractbased arrangement.Create a professional 30 day notice to send to your landlord. Download responses as PDFs instantly. Use our Notice of Contract Termination if you need to let a party know you wish to terminate an agreement they'd previously entered into. A contract termination letter is a written notice that formally communicates the end of a contractual agreement between two or more parties. This is a formal document that declares your intent to withdraw from the contract. Re: Dated: Dear :Dear : This is to notify you that I we have elected to terminate the "" agreement with you. For example, if the landlord is terminating the lease, this will help both parties organize and schedule the best time for the move-out. 3. Termination Upon Thirty Days Notice.