Contract Termination For Cause Examples In Houston

State:
Multi-State
City:
Houston
Control #:
US-00048DR
Format:
Word; 
Rich Text
Instant download

Description

The Termination of Listing Agreement form is a legal document designed to formally end a real estate listing agreement between a broker and a seller. This form is particularly relevant for 'contract termination for cause examples in Houston,' as it outlines mutual agreements regarding the termination date and obligations of both parties. Key features include the establishment of a termination date, a waiver of claims by the broker against the seller, and a release of the broker's obligations to continue services. Filling out this form requires both parties to acknowledge previously agreed terms and specify any outstanding expenses. Instructions for editing include clearly entering the dates and amounts, ensuring all signatures are obtained for validity. This form is useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need a clear method to handle contract termination disputes or issues in real estate transactions. Its straightforward structure fosters clarity, making it accessible for users with various levels of legal experience.

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FAQ

Here is an example of a termination clause: “Party A and Party B have the right to terminate the Contract under material breach, change in circumstances, insolvency, and mutual agreement. To terminate the Contract, the terminating party must provide 30 days of written notice to the other party.

Writing--or hiring an attorney to write--a contract cancellation letter is the safest way to go. Even if the contract allows for a verbal termination notice, a notice in writing provides solid evidence of your decision, and it's always a good idea to have a written record.

The Parties mutually agree that Contract shall be terminated effective date (the "Termination Date"). Optional: Except as expressly provided herein, the Contract will terminate ing to the terms as set forth therein. Upon the Termination Date, the Contract shall have no further force or effect.

The six critical pieces of information to include are: The effective date of termination. The reason for dismissal. Compensation and benefits information going forward. Company property that is to be returned. Reminder of signed employment documents. Name and contact information for a human resources representative.

How to write a letter of agreement Title the document. Add the title at the top of the document. List your personal information. Include the date. Add the recipient's personal information. Address the recipient. Write an introduction paragraph. Write your body. Conclude the letter.

How do you write a Termination Agreement? Provide the names and mailing addresses of each party involved. Provide details from the original contract. Select a termination date after which the contract will no longer be in effect. State if either party is providing compensation as part of the Termination Agreement.

Under Texas law, good cause is the employee's failure to perform the duties that a person of ordinary prudence in the industry would perform under similar circumstances. However, because this definition is vague, parties should specifically state what constitutes good cause in their employment agreement.

Examples of Termination for Cause insubordinate or willfully disobedient to the employer's lawful orders; intoxicated or under the influence of illicit drugs if these are not related to a disability; excessively and unjustifiably absent or late; harassing or abusive towards other employees, clients or customers; or.

Proving Just Cause: Employer's Burden An employer must establish that the employee's misconduct was so severe that it fractured the employment relationship beyond repair. This burden of proof is not an easy one to meet. The employer must first provide clear evidence of the employee's misconduct.

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Contract Termination For Cause Examples In Houston