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 With Novation In Florida
Category:
State:
Multi-State
Control #:
US-00424
Format:
Word;
Rich Text
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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. Venue for any action to enforce the provisions. 2.This legal template is likely to be a comprehensive document outlining an Assignment and Assumption Contract and Optional Novation Agreement. Novation: What's the difference? This assignment and assumption agreement template includes a novation agreement and may be used to transfer an agreement from one party to another.