The good thing about being a residential contractor is that you get to draft the contract so you can put in some provisions that will allow you to cancel the contract and not be in breach. Enter what I like to call the “Escape Clause.” This clause will allow you to cancel the contract legally at any time.
Dear Independent Contractor's Name, I regret to inform you that the services you have been providing to Company Name will no longer be required as of Termination Date. This decision has been made due to Reason for Termination, which has been a cause of concern for us.
To cancel a contract, take the following steps: Make sure you send the cancellation notice within the time allowed. Always cancel in writing. You can use the cancellation form or send a letter. Keep a copy of your cancellation notice or letter. Send your cancellation notice by certified mail, return receipt.
To cancel, the buyer need only give the contractor written notice of their intent not to be bound by the contract. Under the law when the contract is canceled the seller can be required to return the entire contract amount and restore a consumer's property to the way it was before the contract.
The best way to end a contract early is to speak with the party you're in contract with. Simple negotiation is often all it takes to reach a favorable resolution. If they don't agree to ending the contract early, consider getting a lawyer to help you determine your next best step.
To cancel a contract without penalty, you need to send a written cancellation notice to the other party within a certain notification period. If the other entity refuses to honor the cancellation notice, you can take them to court or the governing authority.
If the consumer decides to cancel the contract, the consumer must send the contractor a written notice of his or her decision. The consumer may use the Notice of Cancellation form that the contractor has provided (see D. below) but the consumer is not required to use this form.
The best way to end a contract early is to speak with the party you're in contract with. Simple negotiation is often all it takes to reach a favorable resolution. If they don't agree to ending the contract early, consider getting a lawyer to help you determine your next best step.
State your purpose for writing Directly state your purpose for writing in the first paragraph of your letter. While maintaining a respectful tone, succinctly state why you've chosen to terminate the contract. In addition, specify the date you intend to officially end your working relationship.