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Notice-Demand For Seller-Held Goodsbuyer Identification
NOTICE-DEMAND FOR SELLER-HELD GOODSBUYER IDENTIFICATION
[Date]
[First Name of Recipient] [Last Name of Recipient]
[Company's Name of Recipient]
[Address of Recipient]
[City of Recipient], [State of Recipient]
[Zip Code of Recipient]
Dear [Mr./Mrs.] [Last Name of Recipient]:
You are hereby notified as receiver of [name of receiver], of [address of receiver], [city of receiver], [state of receiver], referred to as the seller, that the undersigned demands from you pursuant to [citationn of local enactment of Uniform Commercial Code $ 2-502] of [State] the following goods formerly in the possession of seller and now in your possession as receiver: [Description of goods].
On [date of agreement], the seller and the undersigned entered into an agreement by which the seller sold to the undersigned the goods described above for $[Sale Price] Dollars. On [date of payment], the undersigned paid $ [Amount paid] Dollars to the seller, which was the total purchase price of the goods due under the terms of that agreement.
The undersigned claims the goods described above because
1. the undersigned acquired a special property in the goods by virtue of the goods having been identified to the agreement by the undersigned on [date of agreement], although shipment of the goods was never made to the undersigned,
2. the goods identified by the undersigned were conforming goods and
3. the seller became insolvent on [date of insolvency], which was within days of the payment of the purchase price made by the undersigned.
Dated: [Date of letter]
signature
This is a UCC Buying & Selling of Goods provision. It is designed to supplement UCC "Buy & Sell" forms found in this category.