Contract Termination With Cause In Philadelphia

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

Description

The Termination of Listing Agreement is a form designed for the mutual termination of a real estate listing agreement between a broker and a seller in Philadelphia. This form allows both parties to formally agree to end their contractual relationship as of a specified date while addressing any ongoing obligations and claims. Key features include the clear declaration of the termination date, a waiver of claims by the broker against the seller, and a release of obligations by the seller. Users must fill in relevant details such as names, addresses, and dates, ensuring all parties sign and date the document to validate it. This form is particularly useful for attorneys, brokers, owners, and legal assistants involved in real estate transactions where contract relations need to be concluded. It provides a structured approach to handling the end of a listing agreement, thus minimizing potential disputes or misunderstandings. The straightforward language and format of the form make it accessible for users with varying levels of legal experience.

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FAQ

Protecting Your Rights as an Employee In California, employers are not required to provide a reason for terminating an employee under the doctrine of at-will employment, as outlined in Labor Code Section 2922.

In many cases, if you were fired or terminated from employment, the company can say so. They can also give a reason. For example, if someone was fired for stealing or falsifying a timesheet, the company can explain why the employee was terminated.

Just cause termination refers to an employer's right to terminate an employee for a valid reason, such as serious misconduct or repeated violations of company policies, without providing severance or other compensation.

Termination for cause occurs when a party's actions or inactions cause the contract to break down. This could be because they've failed or refused to perform their contractual obligations and breached the contract, for example.

Should a company provide a terminated employee with a reason for the termination? Yes. Advising an employee of the reason for the termination is considered a best practice and is required in some states.

An employer may terminate the services of an “at will” employee, with or without cause, at any time — as long as an employee is not let go for an unlawful purpose, such as age or racial discrimination.

Termination for cause is the dismissal of an employee for a satisfactory reason. An employee may be fired for various reasons that may include misconduct, fraud and disclosure of confidential information.

Pennsylvania does not have a state law requiring employers to provide advance notice of termination. However, employers may be subject to the federal WARN Act, which requires some employers to provide advance notice of mass layoffs or plant closings.

Termination for cause applies only to commercial contracts. The Government may terminate all or portion of a commercial item contract for cause if the contractor fails to: Comply with contract terms and conditions; or. Provide the Government, upon request, with adequate assurances of future performance.

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Contract Termination With Cause In Philadelphia