Except as otherwise provided in § 2A-502 of the Uniform Commercial, or in the lease agreement, the lessor or lessee in default under the lease contract is not entitled to notice of default or notice of enforcement from the other party to the lease agreement.
Puerto Rico Notice by Lessor to Lessee of Personal Property of Termination of Lease due to Default in Payment of Rent — Past Due Rent In Puerto Rico, when a lessee fails to make timely payments for renting personal property, the lessor has the right to issue a notice of termination of the lease. This notice serves as a legal warning to the lessee regarding their default in payment of past due rent. It is essential to understand the different types of notices that may be issued in such situations for a clearer overview. 1. Demand for Payment Notice: This notice is typically the first step taken by the lessor. It acts as an initial communication to inform the lessee about the outstanding rental payments and requests immediate payment to bring the account up to date. 2. Notice of Intent to Terminate: If the lessee fails to respond or comply with the demand for payment notice, the lessor proceeds to issue a notice of intent to terminate. This notice must clearly state the intention to terminate the lease due to persistent non-payment and provide a specified timeframe for the lessee to rectify the situation. 3. Final Notice of Termination: When the lessee still fails to make the required payments within the specified timeframe, the lessor issues a final notice of termination. This notice serves as the last opportunity for the lessee to settle their overdue rent before the lease agreement is officially terminated. Key points to include in a Puerto Rico Notice by Lessor to Lessee of Personal Property of Termination of Lease due to Default in Payment of Rent — Past Due Rent: 1. Clear identification of the lessor, lessee, and the personal property being leased. 2. Dates and details of the original lease agreement, including the rental terms and payment schedule. 3. Detailed account of the rent payments that are currently past due. 4. Reference to any previous communication or notices regarding late payments and the lessee's failure to resolve the situation. 5. Specific instructions and timeframe provided for the lessee to make the outstanding payments or face lease termination. 6. Consequences outlined if payment is not made within the specified period, including potential legal actions or financial penalties. 7. Contact information for the lessor or their authorized representative to address any concerns or discuss payment arrangements. Remember, it is crucial to consult with a legal professional or advisor who specializes in Puerto Rico's rental laws and regulations to ensure compliance with local requirements and to draft an appropriate and enforceable notice of termination.Puerto Rico Notice by Lessor to Lessee of Personal Property of Termination of Lease due to Default in Payment of Rent — Past Due Rent In Puerto Rico, when a lessee fails to make timely payments for renting personal property, the lessor has the right to issue a notice of termination of the lease. This notice serves as a legal warning to the lessee regarding their default in payment of past due rent. It is essential to understand the different types of notices that may be issued in such situations for a clearer overview. 1. Demand for Payment Notice: This notice is typically the first step taken by the lessor. It acts as an initial communication to inform the lessee about the outstanding rental payments and requests immediate payment to bring the account up to date. 2. Notice of Intent to Terminate: If the lessee fails to respond or comply with the demand for payment notice, the lessor proceeds to issue a notice of intent to terminate. This notice must clearly state the intention to terminate the lease due to persistent non-payment and provide a specified timeframe for the lessee to rectify the situation. 3. Final Notice of Termination: When the lessee still fails to make the required payments within the specified timeframe, the lessor issues a final notice of termination. This notice serves as the last opportunity for the lessee to settle their overdue rent before the lease agreement is officially terminated. Key points to include in a Puerto Rico Notice by Lessor to Lessee of Personal Property of Termination of Lease due to Default in Payment of Rent — Past Due Rent: 1. Clear identification of the lessor, lessee, and the personal property being leased. 2. Dates and details of the original lease agreement, including the rental terms and payment schedule. 3. Detailed account of the rent payments that are currently past due. 4. Reference to any previous communication or notices regarding late payments and the lessee's failure to resolve the situation. 5. Specific instructions and timeframe provided for the lessee to make the outstanding payments or face lease termination. 6. Consequences outlined if payment is not made within the specified period, including potential legal actions or financial penalties. 7. Contact information for the lessor or their authorized representative to address any concerns or discuss payment arrangements. Remember, it is crucial to consult with a legal professional or advisor who specializes in Puerto Rico's rental laws and regulations to ensure compliance with local requirements and to draft an appropriate and enforceable notice of termination.
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.
