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Document Id : 485
File Type : Microsoft Word
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USA Notice of Intention to Sell Property
USA lenders, serve a debtor with this Notice of Intention to Sell Property before the sale, in accordance with applicable laws in your State.
- The property was pledged as collateral security for a loan from the lender to the debtor.
- The lender (secured party) prepares and serves the Notice to advise the debtor that the property will be sold either through private sale or at public auction, to cover all or part of the outstanding debt, following default by the debtor in making payment.
- The form includes a Certificate of Service, to record how the Notice was served on the debtor.
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