When you want to end (terminate) a contract, it can be useful to do this using a Letter Ending a Contract. Sometimes a contract requires that the contract is terminated in writing, or sometimes you may just want a clear written record of when the contract was terminated.
Contracts come to an end for a number a number of reasons, but you should always make sure that you check the contract to see how and when you can end it and if there are any repercussions for doing so.
It may be a requirement in the contract, but, even if it isn't, a Letter Ending a Contract creates a record that you notified the other party about the cancellation and the end date. You'll have definite proof if the other party claims something different at a later date. A Letter Ending a Contract can also serve as a courtesy to thank others for their services and preserve the relationship for the future.
When drafting a Letter Ending a Contract, it is important to focus on a number of key clauses, in particular:
Contract Termination Letter, Notice of Cancellation of Contract