Right Termination
/ˈraɪt ˌtɜːrmɪˈneɪʃən/
Definitions
- (n.) The lawful power or authority to end a contractual or legal relationship under specified conditions.
The lease included a right termination clause allowing the landlord to end the agreement with proper notice.
- (n.) A party's entitlement to unilaterally terminate a contract or agreement based on legal rights or contractual provisions.
Due to the breach, the tenant exercised the right termination stipulated in the contract.
Forms
- right terminations
Related terms
See also
Commentary
Commonly used in contracts to describe the specific legal grounds or provisions allowing one party to end the agreement; clarity in drafting is essential to avoid disputes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.