Demand letter Term Meaning in Real Estate - Guide

A demand letter is used to request action for fulfilling contractual obligation.

Kopal Cheema

7 years ago

Published Date: Apr 04, 2018

Updated Date: Mar 27, 2024

A demand letter is a formal written notice, containing a deadline for action to be taken. It can be used to notify the recipient that money is owed, and that suit will be filed if the debt is not paid in full by a certain date.

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