LESSOR OF TERMINATION OF LEASE
DEFAULT IN RENTAL
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.
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.
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.
This is a UCC Leasing
provision. It is designed to supplement
“Leasing" forms found in this