Both the parties mentioned in a contract have the right to terminate it by mutual agreement. If the parties are no longer to be trusted or the operations have been ceased, then they can terminate the agreement in writing through a document known as the mutual termination of contract.
With decades of experience in drafting agreements, our lawyers and legal consultants in Dubai provide legal drafting services for different kinds of termination agreements, including, but not limited to:
- Mutual termination of service agreement: A termination of service contract can be initiated according to the terms of the contract originally signed. It is considered as a breach of contract or a broken contract. The statutory law provides consumers with their right to cancel service contracts when certain circumstances apply. if you need help with the termination of a service contract, you can contact our legal team to draft a notice for the cancellation.
- Non-renewal of work contract: this is a kind of notice given to another party informing about the non renewal of a service contract. When the parties do not wish to renew the contract, they can send a notice of non renewal.
- Contract termination letter: this is a formal notice of termination and a declaration for non continuation of a contract.