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reziliere

Reziliere is a legal term used in Romanian law to describe the termination of a contract before its term or upon fulfillment of its objective. It covers unilateral termination by one party, termination by mutual agreement, and termination by operation of law due to breach, impossibility, or other prescribed causes. The word is derived from the French résiliation.

Forms and mechanisms. Rezilierea de comun acord occurs when all parties consent to end the contract and

Procedural aspects. In many contracts, termination must be effected in writing and within prescribed notice periods.

Consequences. Rezilierea releases future performance obligations, with potential restitution of benefits received and possible damages for

See also: contract termination, breach of contract, notice of termination.

agree
on
the
terms,
including
any
restitution
of
benefits.
Rezilierea
unilaterală
is
initiated
by
one
party
and
may
require
notice
within
a
specified
period;
its
admissibility
and
consequences
depend
on
the
contract
terms
and
applicable
law.
Termination
for
fault
(reziliere
pentru
cauză)
arises
when
one
party
breaches
material
obligations,
while
termination
for
impossibility
or
supervening
illegality
may
also
terminate
the
contract.
Some
contracts
include
explicit
clauses
that
govern
resiliation,
including
penalties
or
liquidated
damages
for
early
termination.
Certain
types
of
agreements,
such
as
leases
or
employment
contracts,
may
be
subject
to
special
formalities
or
statutory
rules.
Even
in
unilateral
terminations,
a
party
may
be
liable
for
damages
if
termination
is
unlawful
or
abusive.
non-performance.
The
precise
effects
depend
on
the
contract,
the
reason
for
termination,
and
any
applicable
penalties
or
compensations.