In order to properly provide notice of the termination of an agency relationship,actual notice of agency termination must be given to third parties who have had business interactions with the agent.

Actual Notice

Notice of agency termination that is given by directly informing third parties, either orally or in writing.

Agency Termination

Agency termination refers to the process or act of legally ending the relationship between a principal and their agent, under the terms set out in their agreement or under the law.

Third Parties

Individuals or entities who are not directly involved in a legal agreement or contract but may be affected by it.