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- More Areas
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US Legal Forms
Agreements - Agreement Forms
Assumption Agreement of Loan Payments

Assignment And Assumption Agreement With Novation In Broward

Category:

Loans and Lending - Assumptions

State:

Multi-State

County:

Broward

Control #:

US-00424

Format:

Word;

Rich Text

Instant download

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Description

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.

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This Standard Document contains provisions to incorporate an assumption of the delegated obligations and an optional novation into the assignment agreement. This assignment and assumption agreement template includes a novation agreement and may be used to transfer an agreement from one party to another.WHEREAS, Assignor desires to be discharged and County is willing to release.