The Question Usually Comes After Something Goes Wrong

A salesperson made promises that are not in the paperwork. A contractor stopped returning calls. The monthly cost is higher than expected. A business owner discovers an automatic renewal after the deadline has passed. At that point, the question becomes: “Can I get out of this contract?”

There is no single cancellation rule that applies to every Oklahoma contract. The answer depends on what was signed, the kind of transaction, when and where it occurred, the parties' performance and the law that governs the agreement.

Start With the Entire Contract

Review the signed agreement together with every exhibit, addendum, financing document, warranty, change order and written promise. Important provisions are often spread across several documents.

Look for the term, renewal language, cancellation procedure, notice address, early termination charge, default provisions, cure periods, dispute procedure, governing law and personal guaranty.

Do Not Assume Every Contract Has a Three-Day Cancellation Period

People commonly hear that every consumer has three days to cancel any agreement. That is too broad. Some transactions may carry statutory or contractual cancellation rights, but those rights depend on the transaction and facts. The deadline and required form of notice can also matter.

If a deadline may be running, gather the complete paperwork and obtain advice promptly.

Stopping Payment Is a Separate Decision

Stopping a credit-card charge, loan payment or automatic withdrawal does not necessarily terminate the underlying agreement. The other party may claim default, assess charges, accelerate a balance, use collection remedies or initiate arbitration or litigation.

A review can help compare the risks of continued payment, formal notice, negotiation and other available steps.

What an Attorney Reviews

A contract review should identify what each party promised, whether required performance occurred, how termination works, what notice is required and what consequences may follow. The attorney may also need advertisements, emails, payment records and communications about performance.

Get the Contract Reviewed Before Acting

Hayes Legal Solutions, PLLC offers a basic contract review starting at $300 for one agreement up to 25 pages, including a meeting of up to one hour. Demand letters and negotiations are quoted separately. Call 405-635-5578 or schedule online.

Statewide Oklahoma Contract Review

Hayes Legal Solutions, PLLC provides virtual contract-review appointments for clients throughout Oklahoma, including Oklahoma City, Edmond, Norman, Moore, Yukon, Mustang, Tulsa, Broken Arrow, Stillwater, Lawton, Enid, Shawnee and other Oklahoma communities. The firm reviews Oklahoma agreements for consumers, employees, landowners and small businesses.