Letter In Accordance With The Uniform Commercial Code



Letter In Accordance With The Uniform Commercial Code :




This letter should be typed in the official letter-head of the company.

The Company's Name

Door Number and Street's Name,
Area Name,
City.
Postal Code : XXXXXX
Phone Number : 0000 - 123456789


TO :

The Receiver's Name,
Door Number and Street's Name,
Area Name,
City.
Postal Code : XXXXXXX


Date :


Reference :


Dear _____________,


In accordance with the Uniform Commercial Code, or Warehouse Receipt Act,____________________________ hereby gives notice that it has a lien upon property stored within their facilities by you, for your account, or in which you claim an interest, amounting to the sum of $ which is now due and described as follows:


___________________________________________________


___________________________________________________


___________________________________________________


The goods against which the lien of this company exists consists of_______________________________________________ __________________________________________________________ __________________________________________________________ received on _____________________, as evidenced by our warehouse receipt under Lot No._____________, issued in the name of _________________.


We hereby demand that the amount of $ be paid in cash, or by money order or certified check on or before__________, and notify you that unless said claim is paid wihin the herein specified time, the goods will be advertised for sale and sold at Public Auction at our warehouse, or Public Auction house located at ___________________________________ on _________________, sale beginning at ____.


The proceeds of such sale shall be applied to the payment of the amount of the lien, including reasonable charges of notice, sale and advertisement. If there is a deficiency after said sale, you shall be held liable for said deficiency and judgment may be entered against you.


No employee or agent of this Company has the authority to permit the release or withdrawal of any portion of the goods from a public auction sale upon receipt of a payment on account of less than the entire amount due, except by written agreement. The acceptance of a payment of less than the full amount due in the absence of a written agreement shall not constitue a waiver on the part of this Company to proceed with the herein described sale.


Yours Sincerely,


(The Sender's Signature)


The Sender's Name


Enc. :







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Letter In Accordance With The Uniform Commercial Code
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