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.
Assumption Agreement Form In Cook
Category:
State:
Multi-State
County:
Cook
Control #:
US-00424
Format:
Word;
Rich Text
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In real estate transactions, an assumption agreement allows a third party to "assume" or take over the loan of the property's seller. 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.We provide an easytouse, comprehensive Assumption Agreement template at an affordable price.