This form is an Assumption Agreement. The form provides that the grantee will assume a lien on property described in the agreement. The assumption will become effective on the date provided in the agreement.
Simple Assumption Agreement Form In Bexar
Category:
State:
Multi-State
County:
Bexar
Control #:
US-00424
Format:
Word;
Rich Text
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This Addendum is used when the Buyer is assuming Seller's existing loan. 41-3 Redline 11.2022.Ensure all necessary financial information is accurately provided. An assumption transaction may be accomplished with or without consent of the lender. The transaction involves only a title transfer.