FORM 15
      [Adopted in Release No. 34-20784 (Paragraph 83,508), March 22, 1984,
                   effective March 30, 1984, 49 F.R., 12688.]

                    U. S. 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: 0-15036


               PAINE WEBBER QUALIFIED PLAN PROPERTY FUND FOUR, LP
               --------------------------------------------------
             (Exact name of registrant as specified in its charter)

265   Franklin   Street,    Boston,    Massachusetts    02110   (617)   439-8118
- --------------------------------------------------------------------------------
(Address,including  zip code,  and  telephone  number,  including  area code, or
registrant's principal executive offices)

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

                                      None

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

Approximate number of holders of record as of the certification or notice date:
None

Pursuant to the requirements of the Securities  Exchange Act of 1934 PaineWebber
Qualified Plan Property Fund Four, LP has caused this certification/notice to be
signed on its behalf by the undersigned duly authorized person.

DATE:  October 16, 1998       Paine Webber Qualified Plan Property Fund Four, LP

                                 By:  Fourth Qualified Properties, Inc.
                                      ---------------------------------
                                      Managing General Partner

                                    By:/s/ Walter V. Arnold
                                       --------------------
                                    Name: Walter V. Arnold
                                    Title:  Senior Vice President and
                                            Chief Financial Officer