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Revocation Of Guaranty Templates Free Download
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Below is the Revocation Of Guarantytemplate body. If necessary, please put the personal information, company information, such as text to replace the specific content you need. you can download the .doc template file on the end of the article by click download link.
March 11, 2014
Contact Name
Address
Address2
City, State/Province
Zip/Postal Code
OBJECT: REVOCATION OF GUARANTY
Dear [CONTACT NAME],
Reference is made to our guaranty dated [DATE], issued to you wherein we guaranteed the credit of [OBLIGOR NAME].
Please be advised that effective upon receipt of this letter revoking our guaranty, (or such effective termination date as provided under the guaranty) the undersigned shall not be obligated on the guaranty for any future or further credit extended by you to the Obligor. I understand that I shall remain liable for the present balance owed until fully paid.
We would appreciate confirmation of the present balance owed and would further appreciate notification
when said balance has been fully paid, together with return of our guarantee at that time.
Please confirm to us in writing receipt and acknowledgment of this guaranty revocation by return
acknowledgment below.
Thank you for your cooperation.
Sincerely,
[YOUR NAME]
[YOUR TITLE]
[YOUR PHONE NUMBER]
[YOUREMAIL@YOURCOMPANY.COM]
PLEASE RETURN BY CERTIFIED MAIL
Acknowledged:
Effective Date: Present Balance:$
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