Can I cancel a professional service agreement prior to when the agreed terms of contract begin?

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Can I cancel a professional service agreement prior to when the agreed terms of contract begin?

I have signed a contract with a dental consulting firm to assist me building my start-up dental practice and I wish to get out of this contract. I am unable complete payment without sacrificing the success of business. The terms of our agreement does not begin until I sign a lease for my office location and I do not want to move forward with signing the lease with this contract in place.

Asked on July 28, 2011 Illinois

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 10 years ago | Contributor

Read the written contract with the dental consulting firm that you signed carefully in that its terms and conditions control how to proceed with your question. If the agreement that you want to cancel specifically states as a condition precedent for its enforcement that you first need to sign a lease for an office location to proceed, then if you do not sign a lease for your practice then the professional service contract does not come into enforcement and beome legally binding.

Read carefully if the professional service lease gives you a certain time to enter into a lease for an office location by a certain date. If you do not have a lease for your practice by a certain date as stated in the document, then write the person who signed the professional service agreement for the company staing that fact and ask for a written cancellation of the agreement signed by all.

To be safe, you should consult with a business attorney on the subject.

Good luck.


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