Security Deposit Forfeiture Letter

WARNING LETTER / ADVISING OF FOREFEITURE OF DEPOSIT ON PURCHASED VEHICLE UNLESS PAID IN FULL AGAINST PURCHASE / RENT.

[DATE, ex. Wednesday, June 11, 2014]

[NAME, COMPANY AND ADDRESS, ex.

John Smith

XYZ Inc.

1234 First Street

Suite 567

Anycity, Anystate  85245]

Dear [NAME, ex. John Smith],

On [DATE], you purchased from us a [DESCRIPTION OF VEHICLE PURCHASED, ex. green 2014 Chevrolet Camero].

At that time, you signed a written contract and gave us a deposit of [AMOUNT OF DEPOSIT, ex. $200.00]. We prepared the vehicle for you immediately and tried to contact you on numerous occasions to take delivery of the vehicle, however you have failed to respond to us.

Please be advised that unless you take delivery of this vehicle within seven (7) days of the date of this letter, we will consider this matter closed and your deposit forfeited.

Sincerely,

[YOUR NAME, ex. Jill Jones]