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If a contract does not have a termination clause, it can still be terminated by mutual agreement of the parties involved, through a breach of contract, or by seeking legal remedies such as rescission or termination for impossibility or frustration of purpose.

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4mo ago

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Can a break a family trust after the death of the person who created it?

They must review the document that created the trust to determine if and how the trust can be terminated. Most trusts contain a clause that addresses termination. If there is no such clause the family would need to bring the matter to court and let a judge determine the outcome.


Can a family break a family trust after the death of the person who created it?

They must review the document that created the trust to determine if and how the trust can be terminated. Most trusts contain a clause that addresses termination. If there is no such clause the family would need to bring the matter to court and let a judge determine the outcome.


What does an active release clause mean when buying real estate?

An active release clause is a part of the contract between the Buyer and Seller allowing for the termination of the contract based on the specific terms detailed as part of the contract.


How do you terminate land contract agreement?

If you are the seller you can try to work with the buyer to remedy the situation. If nothing can be worked out you could offer to pay for the moving costs and get them to sign the home back over to you or you could forecolse. If you are the purchaser in this situation, you could call the seller and see what it will take to get out of the contract. You could also sell the property and pay off the land contract.


How do I know if I am being over charged by my cable provider?

Whether or not you can break your contract with Verizon depends on if there is a clause that allows the contract to be terminated if a better deal is available. You can read the fine print on your contract to determine whether or not you can break it.


Can you get out of a contract that you signed if it included no cooling off period section?

You need to check to see if there is an early termination clause in the contract to determine if it is possible to terminate the contract for a fee. Early termination fees are frequently found in cell phone contracts, gym memberships, leases and other types of long term contracts. If there is no early termination option you may be bound by the terms of the contract and should consult with an attorney about the possibility of getting yourself out of the contract. An attorney may find something in the contract that could be negotiated.


How much notice should be given for any termination of a contract of service by either party?

That is typically set by the contract itself. Most have a termination clause. I have seen termination time frames of 30 to 90 days being fairly standard, depending on the efforts involved. Thirty days is considered fair, and two weeks notice is often written into employment agreements.


How do you fire property management?

Read your contract and find the clause about termination. Follow the steps detailed there. It's a good idea, however, to have another property management option ready as soon as you send the termination notice to your current manager.


Explain the nature of the Contract of Agency Can Agency once created be terminated?

An agency offers a contract to its models to sign. The contract can be exclusive or non exclusive and also contains detailed guidelines and rules to follow in order for both parties to continue a positive working relationship. Most contracts contain an exit clause, which lists the steps one needs to take in order to terminate the contract. Agencies usually have the option to terminate a contract at any time for any reason.


What is the contract duration clause in the agreement?

The contract duration clause in an agreement specifies the length of time that the contract will be in effect.


What does the agreement may be terminated by the owner upon not less than seven days written notice to the architect for the owners convinience and without cause mean?

It sounds like you are trying to interpret a clause in a contract. It sounds like the clause to which you are referring says:The agreement may be terminated by the owner upon not less than seven days written notice to the architect for the owner's convenience and without cause."To understand the above clause, we'll break it down:1) The agreement may be terminated by the owner IF2) the owner gives seven days or more notice to the architect AND3) the notice to terminate is given in writing AND4) no cause for termination is needed (meaning, the owner can terminate for ANY reason, so long as s/he follows the rules to terminate)Does that answer your question?


If your lease expires and you are now month to month is that considered an oral or written contract?

It depends on whether there is a clause on the lease which states it automatically is renewed unless notice is given by either party to its termination.