Vermont General Form of Letter Tendering Property in Satisfaction of Agreement

State:
Multi-State
Control #:
US-01271BG
Format:
Word; 
Rich Text
Instant download

Description

An obligor is someone bound to perform an act or deed, such as paying money on a promissory note or delivering property pursuant to a contract. An obligee is someone owed an act or deed, such as paying money on a promissory note or delivering property pursuant to a contract. Tender of delivery may be made to someone, but the recipient has the option not to accept the tender if it is not in compliance with the agreement between the parties.

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Vermont General Form of Letter Tendering Property in Satisfaction of Agreement