A notice of default is also called an agreement breach form. When two or more people enter a binding agreement and one or more of parties fail to honor the agreement, they are issued with notice of default form. This is a sample of notice of default form.
Sample Notice of Default Form
To: ______________________________________________________________________
Address: ____________________ City _____________ State: ___________ Zip: _______
Phone: ________________ Email: _________________ Fax: ________________________
As a beneficiary or trustee under a transfer deed agreed on and entered into by _________ as trustor to ________________ as trustee and ____________ listed as beneficiary dated ________________ and recorded in the book ________________ page __________ of official records of ____________ county the state of _______________, you are hereby given a notice following a breach of obligation in the nature of _______________________ and that the beneficiary or trustee chooses to sell or cause the sale of the trust property to satisfy the obligation.
You have the right to seek legal advice and cure the default on or before _______________ to prevent action being taken against you.
Date _________________________ Authorized signature ______________________
