Virginia Form Letters - Notice of Default

State:
Multi-State
Control #:
US-7-02-1-STP
Format:
Word; 
Rich Text
Instant download

Description

This letter informs a franchisee that he/she is in default of a franchise agreement and failure to take timely action to cure each of the defaults listed in the letter will result in the franchisor taking remedial actions as granted in the agreement.

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FAQ

Virginia 21/30 Day Notice to Cure or Vacate: This form can be used for Tenants that break the Lease for reasons other than nonpayment of rent. It provides details about the Lease violation and notifies Tenant to cure the violation within 21 days or vacate within 30 days.

The landlord or the tenant may terminate a month-to-month tenancy by serving a written notice on the other at least 30 days prior to the next rent due date, unless the rental agreement provides for a different notice period. The landlord and the tenant may agree in writing to an early termination of a rental agreement.

If a landlord wants to evict you for not paying rent, the landlord must give you a written notice to either move or pay rent in 5 days. This is sometimes called a ?pay or quit? notice. If you pay the rent in 5 days, you get to stay.

30-Day Notice to Quit for Non-Compliance Tenants must get 30 days' notice before the eviction process begins if the lease violation is incurable. In that time, tenants must move out or risk being forcibly evicted by a court order.

Such notice shall include the following language: "Any partial payment of rent made before or after a judgment of possession is ordered will not prevent your landlord from taking action to evict you.

The landlord or the tenant may terminate a month-to-month tenancy by serving a written notice on the other at least 30 days prior to the next rent due date, unless the rental agreement provides for a different notice period. The landlord and the tenant may agree in writing to an early termination of a rental agreement.

If you comply with the eviction notice by either paying all the rent due and owing or correcting the lease violation, then, in Virginia, the landlord must not proceed with the eviction. (Va. Code Ann. § 55.1-1245 (2020).)

How Long Does an Eviction Stay on Your Record? An eviction itself doesn't appear on your credit report. However, any unpaid rent and fees could be sent to collections and remain on your credit report for seven years from the original delinquency date.

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Virginia Form Letters - Notice of Default