In many cases a party in receipt of a Notice of Intention to Terminate will dispute the breaches alleged by the other party in the notice. However in almost all cases it is imperative that one must respond to a notice of intention to terminate within the timeframe allowed. Often a notice of default may allow only around a week in which to respond. Consider the fact that you will need to arrange a conference with the solicitor, explain to them the situation, provide them with any necessary documentation, assess the solicitor’s advice, decide on a strategy, and then implement that strategy. These notices will give you a limited time in which to respond, and time can be very tight. When you receive a Notice of Intention to Terminate, it is wise to seek legal advice as soon as possible.
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