Dear [Recipient's Name], I hope this letter finds you well. I am writing to inform you of my decision to cancel the contract regarding [Contract Details/Title], which was signed on [Contract Signing Date]. I regret to say that I am exercising my right to cancel the aforementioned contract, as allowed by the no-fault cancellation clause stated in our agreement. As a brief background, the contract pertains to [Specify Nature of the Contract and its Purpose]. Unfortunately, circumstances have arisen that necessitate the cancellation of the contract. Despite my best efforts and intentions, it has become clear that the objectives and requirements outlined in the agreement cannot be successfully achieved. Therefore, it is in the best interest of both parties involved to terminate our contractual relationship. In accordance with Alaska state laws and regulations, specifically under the realm of contract law, a no-fault cancellation allows for termination without assigning blame or fault to either party. This type of cancellation is typically enacted when either party determines that the contract cannot be executed as initially intended, due to unforeseen circumstances, changing priorities, or any other legitimate reason. Considering this, I kindly request your understanding and cooperation in carrying out the cancellation process smoothly and efficiently. To facilitate the cancellation, I have enclosed the original contract agreement, which we both signed on [Contract Signing Date]. I kindly request that you endorse your agreement to terminate the contract by signing and dating the copy provided. Once signed, please return the document to me using the enclosed self-addressed stamped envelope. Moreover, I propose that we both waive any further obligations and liabilities arising from the contract, since the cancellation is being carried out amicably and without the involvement of any fault or misconduct on either side. This will help us conclude our professional relationship in a fair and equitable manner. Furthermore, I would appreciate it if you could confirm the cancellation of the contract in writing. Please provide me with written acknowledgment of the cancellation within [number of days, as per the original contract terms]. This confirmation will reassure both parties that the cancellation has been officially recognized and adhered to accordingly. I apologize for any inconvenience this cancellation may cause and appreciate your understanding in this matter. Should you have any questions or require further clarification, please do not hesitate to reach me at [Your Contact Information]. I trust that you will handle this matter with utmost professionalism, as demonstrated throughout our contractual relationship. Thank you for your attention to this matter, and I look forward to your prompt response. Sincerely, [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number]
Alaska Sample Letter for Cancellation of Contract - No Fault
Category:
State:
Multi-State
Control #:
US-0442LR
Format:
Word;
Rich Text
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Description
Sample Letter for Cancellation of Contract - No Fault
Dear [Recipient's Name], I hope this letter finds you well. I am writing to inform you of my decision to cancel the contract regarding [Contract Details/Title], which was signed on [Contract Signing Date]. I regret to say that I am exercising my right to cancel the aforementioned contract, as allowed by the no-fault cancellation clause stated in our agreement. As a brief background, the contract pertains to [Specify Nature of the Contract and its Purpose]. Unfortunately, circumstances have arisen that necessitate the cancellation of the contract. Despite my best efforts and intentions, it has become clear that the objectives and requirements outlined in the agreement cannot be successfully achieved. Therefore, it is in the best interest of both parties involved to terminate our contractual relationship. In accordance with Alaska state laws and regulations, specifically under the realm of contract law, a no-fault cancellation allows for termination without assigning blame or fault to either party. This type of cancellation is typically enacted when either party determines that the contract cannot be executed as initially intended, due to unforeseen circumstances, changing priorities, or any other legitimate reason. Considering this, I kindly request your understanding and cooperation in carrying out the cancellation process smoothly and efficiently. To facilitate the cancellation, I have enclosed the original contract agreement, which we both signed on [Contract Signing Date]. I kindly request that you endorse your agreement to terminate the contract by signing and dating the copy provided. Once signed, please return the document to me using the enclosed self-addressed stamped envelope. Moreover, I propose that we both waive any further obligations and liabilities arising from the contract, since the cancellation is being carried out amicably and without the involvement of any fault or misconduct on either side. This will help us conclude our professional relationship in a fair and equitable manner. Furthermore, I would appreciate it if you could confirm the cancellation of the contract in writing. Please provide me with written acknowledgment of the cancellation within [number of days, as per the original contract terms]. This confirmation will reassure both parties that the cancellation has been officially recognized and adhered to accordingly. I apologize for any inconvenience this cancellation may cause and appreciate your understanding in this matter. Should you have any questions or require further clarification, please do not hesitate to reach me at [Your Contact Information]. I trust that you will handle this matter with utmost professionalism, as demonstrated throughout our contractual relationship. Thank you for your attention to this matter, and I look forward to your prompt response. Sincerely, [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number]
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