Notice of Termination of Agreement of Sale (Form TER) terminates the Agreement of Sale.
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TER + AREL = TERAREL
- June 27, 2025
- 6 min. read
The standard forms library has three(ish) forms that can be used to end a contract. Three forms that, despite the similar outcome, cannot be used interchangeably. But when do you use each of these forms?
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Terminating an Agreement of Sale
- February 26, 2021
- 4 min. read
A breach of the agreement by one party may justify termination by the other, even though the agreement does not specifically spell this out.
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Notes on Terminating an Agreement of Sale
- December 4, 2020
- 3 min. read
A Notice of Termination is unilateral. That is, the execution by one party is sufficient to terminate the Agreement of Sale. Why? Because the Agreement of Sale granted the right to that one party.