NOTICE-BY LESSOR OF TERMINATION OF LEASE

DUE TO DEFAULT IN RENTAL

 

To:    __________________________________ (Lessee)

         __________________________________ (Address)

         __________________________________

 

Notice is given that under the lease agreement between _______________ (Lessee) and ______________ (Lessor), dated _________ (Date), whereby _____________ (Lessee) leased from ______________ (Lessor) __________ (Describe Personal Property Leased), the sum of __________ ($__________), rent payment for the ______________ (month or other period of time; if more than one month, list each month separately), is unpaid and in default.

 

Notice is given that ________________ (Lessor), pursuant to the terms of such agreement, elects to terminate the lease by reason of such default, and to take immediate possession of the personal property that is the subject of the lease.

 

You are required to deliver to ________________ (Lessor) all of the leased property, at the premises of ___________________ (Lessor) on receipt of this notice, in accordance with the terms of the lease agreement.

 

Dated __________.

 

 

 

_____________________________________________

Signature of  Lessee

 

 

_____________________________________________

Signature of Lessor

 

 

 

This is a UCC Leasing provision.  It is designed to supplement UCC

“Leasing" forms found in this category.