Are you in need of a Right To Cure Letter Sample? Look no further! Below, you will find examples of Right To Cure Letter Samples that you can use and modify as needed.
Understanding the Purpose of Right To Cure Letter Sample
When a party fails to meet their obligations under a contract, a Right To Cure Letter may be sent to inform them of the breach and provide an opportunity to remedy the situation before further action is taken. The purpose of a Right To Cure Letter Sample is to:
- Notify the recipient of the breach of contract
- Provide a clear timeline for the recipient to cure the breach
- Outline the consequences of failing to remedy the breach
Example of Right To Cure Letter Sample:
Dear [Recipient’s Name],
This letter is to inform you that you are in breach of contract for failing to make payment for services rendered on [date]. According to our agreement, payment was due within 30 days of receipt of the invoice, and as of today, the payment is [number of days late].
You are hereby given [number of days] days to cure this breach by submitting the outstanding payment. Failure to do so will result in further action being taken to enforce the terms of the contract, which may include legal proceedings.
Please treat this matter with urgency and contact us immediately to resolve this issue. We value our business relationship and hope to continue working together in the future.
Sincerely,
Your Name
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