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 Fulton
Category:
State:
Multi-State
County:
Fulton
Control #:
US-00424
Format:
Word;
Rich Text
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"Assignment and Assumption Agreement" has the meaning set forth in Section 3.2(a)(ii). Asset identified in the Put Notice as of the applicable Put Date (defined below).("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. For a sample assignment provision, see Standard Document,. Assignment and Assumption Agreement and Optional Novation. Assignee accepts this Assignment and assumes all of. Assignor's rights and obligations under the Contract and further agrees to fully perform the same. Once you go into a purchase and sale agreement with your seller you need an assignment agreement to assign that to your end buyer.