Jersey City New Jersey Request for Copy of Notice of Default and Sale - Intent to Foreclose

State:
Multi-State
City:
Jersey City
Control #:
US-02073BG
Format:
Word; 
Rich Text
Instant download

Description

A notice of default is a notice to a borrower with property as security under a mortgage or deed of trust that he/she is overdue in payments. If the amount owed, plus costs of preparing the legal papers for the default, are not paid within a certain time, foreclosure proceedings may be brought against the property. Other people with funds secured by the same property are usually entitled to receive copies of the notice of default. It is a formal written notice to a borrower that a default has occurred and that legal action may be taken.

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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Jersey City New Jersey Request for Copy of Notice of Default and Sale - Intent to Foreclose