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 Cook
Category:
State:
Multi-State
County:
Cook
Control #:
US-00424
Format:
Word;
Rich Text
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("Assignment and Assumption") is made and entered into as of this ___ day of ______,. WHEREAS, Assignor wishes to assign all its rights under that certain Rental Car Concession.An assignment and assumption of lease is a legal real estate document that allows one party to transfer rights and obligations of a lease to another party. General Assignment and Assumption Agreement - Sara Lee Corp. Once you go into a purchase and sale agreement with your seller you need an assignment agreement to assign that to your end buyer.