Document background
A Letter of Intent to Cancel Contract is essential when a party wishes to formally terminate an existing contractual arrangement under English and Welsh law. This document is typically used when the terminating party needs to provide advance notice of their intention to end the contract, whether due to breach, convenience, or other circumstances permitted under the original agreement. The letter should clearly reference the original contract, state the grounds for termination, specify the notice period, and outline any transition arrangements. It serves as a formal record of the intention to terminate and helps prevent future disputes regarding the termination process.
