Termination Of Contract With Cause In Phoenix

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

Description

The Termination of Contract with Cause form in Phoenix is designed for real estate professionals to formally end a Listing Agreement between a broker and a seller. This document specifies the effective date of termination, outlines the mutual agreements made by both parties, and includes waivers and releases to clarify their obligations post-termination. Key features of the form include the explicit acknowledgment of expenses incurred by the broker, which the seller agrees to reimburse, and a clause ensuring that any commissions earned prior to termination remain unaffected. Filling out this form involves entering the relevant dates and names of the parties, ensuring completeness for effective legal standing. This document is particularly valuable for attorneys, partners, owners, associates, paralegals, and legal assistants who need to manage real estate transactions efficiently. It helps mitigate potential disputes by clearly defining the termination process and responsibilities of both parties involved. For ease of use, users should ensure that all sections are properly filled out and signed to uphold the agreement's validity in any legal context.

Form popularity

FAQ

A "just cause" dismissal (also referred to as "dismissal for cause" or "summary dismissal") is the termination of employment initiated by the employer in response to employee misconduct that is so serious that it either: Violates an essential condition of the employment contract.

The employer must prove that: the dismissal is justified: The employer must show more than just dissatisfaction with the employee's performance. Real misconduct or incompetence must be demonstrated. the employee was aware of the consequences of failure to perform certain duties or obey certain rules.

Employers have the right to terminate employees but must give notice that the employment is ending. An exception to the notice requirement applies where the employer can prove just cause. Just cause refers to conduct that is of such a serious nature or extent that it essentially breaks the employment relationship.

These are some examples of just cause termination: Infringement on the company's code of conduct or ethics policy. Failure to adhere to company policy. Contract infringement.

Write a termination of contract notice Regardless of what your grounds are, notice is required to terminate any contract. Typically, this notice will come in the form of a written document that clearly explains your decision to terminate the contract, why you wish to do so, and on what grounds.

They are called just causes because the termination of employment is justified due to an employee's actions, behavior, or omission, either of which resulted in a serious or grave violation of the law, employment contract, company policies, collective bargaining agreement, and any other employment agreement.

Arizona follows the “at-will” employment doctrine, allowing employers to terminate employees without cause as long as the termination is not discriminatory or retaliatory.

What is Termination for Cause? Termination for cause refers to the firing of an employee for valid, legally classified reasons. In order for termination for cause to be justifiable, the reason for the termination must be serious and legitimate.

Just causes refer to situations where the employee has committed acts that warrant termination due to misconduct or failure to meet obligations. These causes are well-delineated under Article 297 of the Labor Code.

Arizona follows the at-will employment doctrine, which allows employers to terminate employees at any time, for any reason, or for no reason at all, provided the termination does not violate specific laws. There are exceptions to this rule, such as terminations that violate anti-discrimination laws or public policy.

Trusted and secure by over 3 million people of the world’s leading companies

Termination Of Contract With Cause In Phoenix