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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.
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Use this lease assumption agreement template to create a document that allows you to transfer your lease to someone else legally and easily. Asset identified in the Put Notice as of the applicable Put Date (defined below).The Assignor wishes to assign the Lease to the Assignee and the Assignee desires to assume the Lease from the Assignor.
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