Guam Notice to Lessee of Forfeiture of Lease for Failure to Abide by Lease Agreement is a legal instrument used to inform a lessee of the forfeiture of their lease due to non-compliance with the terms and conditions outlined in the lease agreement. This notice serves as a warning that the lessor intends to terminate the lease and retake possession of the property if the lessee fails to rectify the violations within a specified period. When issuing a Guam Notice to Lessee of Forfeiture of Lease for Failure to Abide by Lease Agreement, lessors should include the following crucial details to ensure its effectiveness: 1. Accurate Identification: Begin the notice by specifying the names and contact information of both the lessor and lessee as stated in the lease agreement. This helps establish the parties involved and ensures clear communication. 2. Description of the Violations: Clearly outline the violations committed by the lessee that breach the terms of the lease agreement. This may include failure to pay rent, unauthorized alterations to the property, violation of occupancy limits, or any other breach that warrants lease forfeiture. 3. Reference to Lease Agreement: Mention the specific sections or clauses of the lease agreement that have been violated. This will help the lessee understand the specific provisions they have failed to abide by. 4. Cure Period: Specify the timeframe within which the lessee must rectify the violations. This period typically ranges from 10 to 30 days, providing the lessee an opportunity to correct the breach and maintain their lease agreement. 5. Statement of Intent to Forfeit Lease: Clearly express the intent to terminate the lease if the lessee fails to comply with the cure period. State that failure to rectify the violation within the given time will result in immediate lease termination and the lessor's right to retake possession of the property. Additional types of Guam Notice to Lessee of Forfeiture of Lease for Failure to Abide by Lease Agreement may include: 1. Final Notice: If the lessee fails to remedy the lease violations within the cure period, a Final Notice can be issued, reiterating the intention to terminate the lease and initiating legal proceedings to regain possession of the property. 2. Eviction Notice: If the lessee still does not comply with the final notice, an eviction notice can be issued to formally initiate the legal process of removing the lessee and reclaiming full control over the property. 3. Notice of Legal Action: In severe cases, where the lease violations have caused significant damages or monetary losses, the lessor may issue a Notice of Legal Action, notifying the lessee that they will pursue legal recourse to seek compensation for losses incurred. It is important to consult with legal professionals or seek guidance from local Guam housing authorities to ensure the validity and enforceability of these notices, as lease laws and regulations may vary.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.