Termination Of Contract Without Cause In Contra Costa

State:
Multi-State
County:
Contra Costa
Control #:
US-00048DR
Format:
Word; 
Rich Text
Instant download

Description

The Termination of Listing Agreement form is designed for use in Contra Costa to officially end a real estate listing agreement between a broker and a seller without cause. This form includes essential clauses, such as the mutual agreement to terminate, the release of claims by both parties, and any outstanding financial obligations related to marketing expenses. Key features of the form ensure that neither party is held liable for future performance linked to the terminated agreement while preserving rights to any commissions earned before termination. Users should fill in the relevant dates and names, ensuring clarity about financial reimbursements required. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in the real estate sector to facilitate smooth transitions in listing agreements. Proper completion of the form helps avoid disputes and clarifies the status of obligations between parties, making it a vital tool for maintaining professional relationships in real estate transactions.

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FAQ

Ensure Proper Grounds for Termination Common grounds for this sort of action include a breach of the contract terms, changes in business circumstances, or non-performance of the breaching party. Be sure that the grounds for termination are legally sound and appropriately documented.

As a rule of law, unless it is excluded by the terms of the contract, a party has a right to terminate a contract where there has been: a breach of an essential term (otherwise known as a condition); a sufficiently serious breach of an intermediate term; or. a repudiation of the contract.

Termination without cause occurs when an employer ends your employment for reasons unrelated to your performance or conduct. Common termination without cause examples include: Company restructuring or downsizing, Economic reasons, Role redundancy due to technological changes, and.

California Is an “At-Will” State California obeys “at-will” employment laws. This means that all employers have the right to terminate employees at will, for almost any reason, or for no reason at all. This does not, however, mean that an employer can fire someone out of discrimination, harassment, or retaliation.

Comment: A termination without cause provision (also called a “termination for convenience” clause) permits one or both parties to terminate the agreement at any time after an initial contracting period.

An employer may terminate an employee with cause (for good reason, sometimes called firing) or without cause (for no reason, sometimes called letting go). An employer cannot terminate (with or without cause) an employee if the reason for termination is based on one or more protected grounds .

Comment: A termination without cause provision (also called a “termination for convenience” clause) permits one or both parties to terminate the agreement at any time after an initial contracting period.

Contra Costa County - California has an employee rating of 3.8 out of 5 stars, based on 295 company reviews on Glassdoor which indicates that most employees have a good working experience there.

A Termination Without Cause clause is a contractual provision that allows one or both parties to terminate the agreement without stating a specific reason or cause, typically upon providing advance written notice and subject to certain conditions or consequences.

There is no Federal law which prohibits an employer (other than the Federal government) from hiring a person who has failed a drug test.

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Termination Of Contract Without Cause In Contra Costa