sample lease to own demand letter
DESCRIPTION
fpr residential unitsTRANSCRIPT
2 December 2014
Juan Dela Cruz111 Acacia StreetPembo, Makati City
Dear Sir:
This is in connection with your unpaid rentals covering the period May 2014 to November 2014 in the total amount of P70,000.00 including penalty charges of Unit 1A The Residences Tower A.
Please be advised that under Article VII Section 2.1 of the Contract of Lease executed between you (lessee) and Robinsons Land Corporation (lessor), failure to pay any rent, condominium dues or other charges during the term of the contract gives the lessor the right to terminate the lease or cancel the option to purchase.
Accordingly, demand is hereby made upon you to pay the amount of P70,000.00 directly to Robinsons Land Corporation withinfive (5) daysfrom receipt of this letter. Otherwise, we shall be constrained to terminate the lease and the option to purchase and enforce other remedies provided under the contract in case of default.
Truly yours,
______________________