loader image
Real Estate Glossary

Cancellation Clause

inflation calculator
Richard Wilson
Written by Richard Wilson

This refers to a condition in a contract that permits a person in the lease to end the party’s obligations at any time before its expiration date. Leases usually have cancellation policies, and the grounds for cancellation are noted in the contract.

This refers to a condition in a contract that permits a person in the lease to end the party’s obligations at any time before its expiration date. Leases usually have cancellation policies, and the grounds for cancellation are noted in the contract.

About the author

Richard Wilson

Richard Wilson

Leave a Comment