Business-in-a-Box's Prior Secured Party Notice Template

Prior Secured Party Notice Template

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Document description

This prior secured party notice template has 1 pages and is a MS Word file type listed under our finance & accounting documents.

Sample of our prior secured party notice template:

OBJECT: PRIOR SECURED PARTY NOTICE / PURCHASE MONEY SECURITY Dear [CONTACT NAME], This is to notify you that the undersigned has or expects to acquire a purchase money security interest in and to the following described collateral: [DESCRIBE] Said collateral shall be sold to: [NAME] [ADDRESS] [DEBTOR] Insofar as you have an existing security interest on record as against the same type collateral, this notice shall inform you of our priority claim to the property being sold. [YOUR NAME] [YOUR TITLE] [YOUR PHONE NUMBER]

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