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.
Assignment And Assumption Agreement Example In Contra Costa
Category:
State:
Multi-State
County:
Contra Costa
Control #:
US-00424
Format:
Word;
Rich Text
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1. Assignment and Assumption. Assumption Agreement – Evidences the transfer of an obligation on a Deed of Trust from one owner to another owner.Learn how assignment and assumption agreements can impact your business. Understand their uses, key terms, and how to draft them. This Assignment and Assumption is entered into in connection with that certain Asset Purchase Agreement, dated as of September 3, 2003.