UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                     FORM 15

CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12 (g) OF
THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER
         SECTIONS 13 AND 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934.

                         Commission File Number: 0-15755
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           FJS Properties Fund I, L.P., a Delaware limited partnership
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             (Exact name of registrant as specified in its charter)

                          155 N. Lake Ave., Suite 1000
                               Pasadena, CA 91101
                                 (626) 585-5920
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        (Address,including zip code, and telephone number, including area
              code , of registrant's principal executive offices)

                      Units of Limited Partnership Interest
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            (Title of each class of securities covered by this Form)

                                      None
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   (Titles of all other classes of securities for which a duty to file reports
                    under section 13 (a) or 15 (d) remains)

Please place an X in the box(es) to designate the appropriate rule  provision(s)
relied upon to terminate or suspend the duty to file reports:

        Rule 12g-4 (a) (1) (i)     [ ]        Rule 12h-3 (b) (1) (i)    [ ]
        Rule 12g-4 (a) (1) (ii)    [X]        Rule 12h-3 (b) (1) (ii)   [X]
        Rule 12g-4 (a) (2) (i)     [ ]        Rule 12h-3 (b) (2) (i)    [ ]
        Rule 12g-4 (a) (2) (ii)    [ ]        Rule 12h-3 (b) (2) (ii)   [ ]
                                              Rule 15d-6                [ ]

Approximate number of holders of record as of the certification or notice date:
                                                                           428

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has caused this  certification/notice  to be signed on its behalf by
the undersigned duly authorized person.


Date:  November 12, 2002               By: /s/ David I. Lesser
                                          --------------------------
                                          Name: David I. Lesser
                                          Title:   President of General Partner