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In this video tutorial, Simon from The Contract Company discusses how to terminate a contract. He emphasizes the importance of carefully reviewing the termination clause within the contract, as incorrect procedures can expose you to legal risks. Typically, to terminate a contract, you must provide written notice within a specified time frame—usually 30, 60, or 90 days. Additionally, the notice must be sent to a designated individual mentioned in the contract. Understanding and following these requirements is crucial to ensuring a successful contract termination.
