Georgia Sample Letter for Cancellation of Contract - No Fault

• Category: Letters - Nonlegal - Cancellations
• State: Multi-State
• Control #: US-0442LR
• Format: Word; Rich Text

Description

Sample Letter for Cancellation of Contract - No Fault Dear [Recipient's Name], I am writing to formally request the cancellation of the contract between myself and [Company/Organization/Individual] in regard to [Contract Details — project, product, or services]. This letter serves as notification of the termination of the agreement under the "No Fault" clause as outlined in the contract signed on [Date]. Due to unforeseen circumstances beyond our control, it has become necessary to cancel this contract. We regret any inconvenience caused, but we believe that this decision is in the best interest of both parties involved. The termination is being carried out amicably, without any fault or breaches from either party. Under the laws and regulations of Georgia, a "No Fault" cancellation of contract allows for the termination of the agreement without attributing any blame or liability to either party involved. This means that both parties agree to release each other from any further obligations and liabilities arising from the contract. Please consider this letter as my formal notice of cancellation. We kindly request that you acknowledge receipt of this letter within [Number of Days — as per contract terms] from the date of this correspondence. Additionally, we expect the return of any funds or assets provided or exchanged within a reasonable timeframe as specified in the contract. It is essential to note that the termination of this contract does not waive or release any outstanding payments or debts owed. Any pending financial obligations must be settled in accordance with the terms stated in the original contract or through a mutually agreed-upon settlement. In the event of any disputes or disagreements arising from this cancellation, both parties agree to resolve them through mediation or arbitration, in accordance with the laws of Georgia. Should you require any additional information or clarification on this matter, please do not hesitate to reach out to me at [Your Contact Information]. We sincerely appreciate your understanding in this matter and look forward to bringing this relationship to an amicable close. Thank you for your prompt attention to this matter. Yours sincerely, [Your Name] [Your Title/Position] [Your Organization/Company] [Contact Information]

Dear [Recipient's Name], I am writing to formally request the cancellation of the contract between myself and [Company/Organization/Individual] in regard to [Contract Details — project, product, or services]. This letter serves as notification of the termination of the agreement under the "No Fault" clause as outlined in the contract signed on [Date]. Due to unforeseen circumstances beyond our control, it has become necessary to cancel this contract. We regret any inconvenience caused, but we believe that this decision is in the best interest of both parties involved. The termination is being carried out amicably, without any fault or breaches from either party. Under the laws and regulations of Georgia, a "No Fault" cancellation of contract allows for the termination of the agreement without attributing any blame or liability to either party involved. This means that both parties agree to release each other from any further obligations and liabilities arising from the contract. Please consider this letter as my formal notice of cancellation. We kindly request that you acknowledge receipt of this letter within [Number of Days — as per contract terms] from the date of this correspondence. Additionally, we expect the return of any funds or assets provided or exchanged within a reasonable timeframe as specified in the contract. It is essential to note that the termination of this contract does not waive or release any outstanding payments or debts owed. Any pending financial obligations must be settled in accordance with the terms stated in the original contract or through a mutually agreed-upon settlement. In the event of any disputes or disagreements arising from this cancellation, both parties agree to resolve them through mediation or arbitration, in accordance with the laws of Georgia. Should you require any additional information or clarification on this matter, please do not hesitate to reach out to me at [Your Contact Information]. We sincerely appreciate your understanding in this matter and look forward to bringing this relationship to an amicable close. Thank you for your prompt attention to this matter. Yours sincerely, [Your Name] [Your Title/Position] [Your Organization/Company] [Contact Information]