Forbearance Agreement

State:
Multi-State
Control #:
US-02908BG
Format:
Word; 
Rich Text
Instant download

Description Forbearance Loan Meaning

In this form, the lessee is in default and lessor has brought an eviction action against lessee. Pursuant to two cash payments, lessor agrees to release lessee (with some exceptions) from the lease, covenants not to sue for monetary damages, and drop the eviction action.

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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Forbearance Agreement