The Final Notice of Forfeiture and Demand Buyer Vacate Property form notifies the Purchaser, after all prior notices of breach have expired, that Seller has elected to cancel the contract for deed in accordance with its terms and all past payments made by Purchaser are now considered forfeited and any future occupancy of property will result in action by the court.
South Fulton Georgia Final Notice of Forfeiture and Request to Vacate Property under Contract for Deed is a legally binding document issued by the local government to notify property owners of their impending forfeiture and the requirement to vacate the premises due to a breach of contract. This notice signifies the termination of a contract for deed, wherein the property was sold to the buyer under the condition that they make regular payments. The South Fulton Georgia Final Notice of Forfeiture and Request to Vacate Property under Contract for Deed serves as a formal notification to the delinquent buyer that they have failed to make the necessary payments, thereby breaching the terms of the contract. The document outlines the specific grounds for the forfeiture and the legal steps that will be taken if prompt action is not taken. Keywords: South Fulton Georgia, Final Notice of Forfeiture, Request to Vacate, Property under Contract for Deed, breach of contract, termination, delinquent buyer, regular payments, legal steps There might be variations or different types of South Fulton Georgia Final Notice of Forfeiture and Request to Vacate Property under Contract for Deed based on specific circumstances: 1. South Fulton Georgia Final Notice of Forfeiture and Request to Vacate Property under Contract for Deed — Non-Payment: This notice is issued when the buyer has failed to make the agreed-upon payments according to the contract terms. 2. South Fulton Georgia Final Notice of Forfeiture and Request to Vacate Property under Contract for Deed — Violation of Terms: This type of notice is issued when the buyer has violated the terms and conditions of the contract, such as unauthorized modifications to the property or illegal activities conducted on the premises. 3. South Fulton Georgia Final Notice of Forfeiture and Request to Vacate Property under Contract for Deed — Default on Obligations: This notice is given to the buyer when they have failed to fulfill any other obligations outlined in the contract besides payment, such as property maintenance or timely insurance coverage. Regardless of the specific type of notice, it is crucial for the delinquent buyer to respond promptly to the South Fulton Georgia Final Notice of Forfeiture and Request to Vacate Property under Contract for Deed in order to avoid further legal consequences. Failure to comply with the notice may result in eviction or other legal actions by the government or property owner.
