Contract terminating and assigning (pack)

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This pack contains all the documents you may need when terminating or assigning a contract including Buyer's notice to end a contract, Letter giving notice of termination of contract, Notice of assignment of the benefit of a contract, Assignment of the benefit of a contract.

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Included in this service:

  • Buyer's notice to end a contract
    If you need to terminate a contract you have made with a seller of goods because the seller has breached any term which is fundamental (or in Scotland 'material') to the contract, you can use this document to send notice to the seller that you are ending the contract. The breach must be so serious as to affect the very nature and performance of the contract itself. The document will allow you to seek compensation for your losses.
  • Letter giving notice of termination of contract
    Some contracts will contain an express clause allowing a party to bring the contract to an end by giving written notice. Normally the contract will continue to run for a limited period after the notice is given, e.g. if the contract says 'terminable on 14 days' written notice', then a notice of termination given on 3 February will bring the contract to an end on 17 February. This document enables you to draft such a letter. Note: This document is inappropriate for use in employment contract situations.
  • Assignment of beneficial interest in property
    This document will allow the owner of a beneficial interest in property to transfer that interest to one or more people. A person has a beneficial interest in property if they are entitled to the benefit and enjoyment of that property. Property may be held by and in the name of one person on behalf of and for the benefit of another. The person holding the property has a legal interest in the property; the person for whose benefit the property is held has a beneficial interest in the property. The transfer may be by gift or for money. It can be used for any type of property, such as a house or flat, a bank account or a painting or car. Please note that this document can only be used in England & Wales and it cannot be used to deal with legal interests in property.
  • Assignment of the benefit of a contract

    Use this document to assign the benefit (i.e. to transfer the benefit) of the rights you have under a contract. Most rights are capable of being assigned - for example, rights to benefits under insurance policies, rights to repayment of a loan, rights to purchase property and so on. However, it is important to note that you cannot assign any rights under a contract if the contract expressly prohibits that.

  • Notice of assignment/assignation of the benefit of a contract
    Use this document to create the notice required when a contract has been assigned. You must give notice to the other contracting party of the assignment. Without this notice, they are under no obligation to pay you (the person to whom the contract is assigned) and could continue to pay the person whom they first signed the contract with. You would not be able to claim any of the money.

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