When a premises is about to close its doors to the public, a foreclosure notice is usually drafted to enable the clients who frequented that establishment to know in advance that the premises will not be accessible. This is usually done by people in the service industry or at premises that had been let.

Sample Foreclosure Notice Form

To ______________________________________________, the defaulter
Physical Address_________________________________________________

You are politely being informed that the undersigned have it in mind to foreclose under the condition that certain a conformity executed by you on the _______ of ______________20____   whereby definite personal assets described as follows was given as security for the compensation of gratitude to a tenable party named below.

Description:_____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

You are thus advised that unless you pay, within_____ days from the date

indicated to proprietor of the said agreement the sum of______________, the amount of which is now due and payable pursuant to the conditions agreement, plus any other charges, the party shall take possession of said property.

Dated: ____________________________________

Party: ______________________________________

Address: _____________________________________

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