Wisconsin Final Notice of Forfeiture and Request to Vacate Property under Contract for Deed

State:
Wisconsin
Control #:
WI-00470-12
Format:
Word; 
Rich Text
Instant download

This form is part of a form package!

Included in the Contract for Deed Package, which includes contracts, disclosures, and default notices for owner-financed real estate.

Overview of this form

The Final Notice of Forfeiture and Request to Vacate Property under Contract for Deed is a legal document that informs the buyer (Purchaser) that the property contract has been canceled due to a breach. This form is issued after all prior notices of default have been exhausted, and it asserts that any past payments made are now forfeited. The purpose of this form is to formally request the buyer to vacate the property, clarifying the seller's right to take legal action if the buyer remains in the property without permission.

What’s included in this form

  • Identification of the parties involved (Seller and Purchaser).
  • Details of the original contract for deed.
  • Reference to prior notices of default issued to the Purchaser.
  • Statement of forfeiture of past payments made by the Purchaser.
  • A demand for the Purchaser to vacate the property.
  • Consequences of failing to comply with the notice.

When to use this form

This form should be used when the seller has previously notified the buyer of breaches or defaults in the contract for deed and has not received a satisfactory response. It is particularly relevant when the seller wishes to reclaim the property after notifying the buyer about non-compliance with contract terms, and the specified period for resolution has passed without action from the buyer.

Intended users of this form

  • Sellers of real estate who have entered into a contract for deed with a buyer.
  • Purchasers of real estate who have received prior notices of default.
  • Legal representatives assisting sellers in property forfeiture matters.

How to complete this form

  • Identify and list the names and addresses of both the seller and buyer.
  • Provide details of the original contract for deed, including the date and property description.
  • Refer to any previous notices of default given to the buyer.
  • State the grounds for forfeiture of previous payments made by the buyer.
  • Detail the consequences of failing to vacate the property.
  • Finalize the document with signatures and date from the seller.

Does this document require notarization?

This form must be notarized to be legally valid. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call.

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If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.

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We protect your documents and personal data by following strict security and privacy standards.

Common mistakes

  • Failing to properly identify the parties involved.
  • Not including the specific details of the contract for deed.
  • Neglecting to reference prior notices of default that were given.
  • Omitting the date by which the buyer must vacate the property.
  • Not obtaining the correct signatures before submission.

Why complete this form online

  • Convenience of downloading and printing the form at any time.
  • Editability allows for easy customization to fit specific situations.
  • Reliability with attorney-drafted templates ensuring legal validity.

What to keep in mind

  • The form serves as a final step to notify the Purchaser of forfeiture.
  • Accurate completion is crucial to ensure the form's legality.
  • Properly documenting previous notices is essential.

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Wisconsin Final Notice of Forfeiture and Request to Vacate Property under Contract for Deed