[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Company's Name] [Company's Address] [City, State, ZIP] Subject: Cancellation of Contract — At Fault Dear [Recipient's Name], I hope this letter finds you in good health. I am writing to formally request the cancellation of the contract between [Your Company Name] and [Recipient's Company Name]. I regret to inform you that due to recent circumstances, it has become necessary to terminate the agreement. This cancellation is based on clear breach of contract by your company, constituting an at-fault situation. As you may recall, our contract, dated [Contract Date], clearly specified the terms and conditions mutually agreed upon by both parties. Unfortunately, it has come to my attention that [Recipient's Company Name] has failed to fulfill its obligations according to the agreement. Specifically, the breach occurred in the following manner: 1. [Keyword: Specific Breach 1]: Detailed explanation of the first instance of breach by the recipient's company. 2. [Keyword: Specific Breach 2]: Detailed explanation of the second instance of breach by the recipient's company. (Include if applicable) 3. [Keyword: Specific Breach 3]: Detailed explanation of the third instance of breach by the recipient's company. (Include if applicable) These breaches have significantly undermined the trust and confidence between our organizations. Despite multiple attempts to rectify the situation, no satisfactory resolution has been reached, leaving us with no alternative but to seek cancellation of the contract. In accordance with the terms of the contract, I request that you promptly return any outstanding payments made by our company. Additionally, please ensure that any proprietary information or materials shared during the course of our agreement are returned to our possession within [specify a reasonable timeframe, e.g., 14 days]. Please consider this letter as the formal notice of cancellation. I trust you understand that this decision has not been taken lightly, but it is essential to protect the interests of our organization. Should you have any questions or require any further information regarding this matter, please do not hesitate to contact me via email at [Your Email] or by phone at [Your Phone Number]. Thank you for your prompt attention to this issue. I hope we can resolve this matter amicably and avoid any unnecessary legal action. I wish you well in your future endeavors. Yours sincerely, [Your Name] [Your Position] [Your Company Name]
Oregon Sample Letter for Cancellation of Contract - At Fault
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How to fill out Sample Letter For Cancellation Of Contract - At Fault?
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FAQ
Frustration of purpose; Completion of the contract; or. Termination by agreement or by a provision in the contract.
You may be able to cancel free of charge or by paying a cancellation fee. If that doesn't work, check your state's laws. California is one of the states that gives consumers a cooling off period. You may have three to five days in which to cancel a contract by sending written notice to the other party.
Federal and state consumer laws allow people to cancel certain contracts or sales of goods for any reason, such as buyer's remorse, or for no reason at all. The Federal Trade Commission (FTC) requires sellers of goods in certain circumstances to allow consumers a cooling off period.
We inform you that we will no longer require the services of name of company, as of date. With this notification, we comply with the minimum notice period required by our agreement. Your company has provided us with good service in the past, however, we decided to terminate our business contract due to reasons.
If one party fails to perform, blocks the other party from performing, or otherwise violates the terms of the contract without a legal justification, they have breached the contract and the contract can be terminated. The non-breaching party can pursue a claim for damages caused by the breach.
If your contract doesn't include the option to terminate for any reason by notice, you cannot legally terminate a contract just because it doesn't meet your needs. Before you agree to the terms of a contract, think about the importance of being able to get out of it if the need or desire arises.
A termination for cause is available only in response to a material breach of the contract by the other party. What qualifies as a material breach to the contract may be determined by a review of the contract case law or what qualifies as a material breach or default may be stated in the contract itself.
Oregon laws allow the termination of an employment relationship by either the employer or the employee, without notice and without cause.
Top Reasons to Terminate a ContractLack of Consideration.Lack of Capacity.Statute of Frauds.Mutual Mistake.Misrepresentation.Breach.Discharge by Frustration.Impossibility of Performance.
One-day right to cancel A property owner can cancel any initial contract for construction, improvement, or repair of a residential structure by giving the contractor a written notice of cancellation prior to midnight of the next business day. Some exceptions apply such as work already substantially begun.
