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 Georgia
Category:
State:
Multi-State
Control #:
US-00424
Format:
Word;
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This Assignment and Assumption of Lease Agreement ("Agreement") is dated and effective as of. For a sample assignment provision, see Standard Document, Assignment and Assumption Agreement and Optional Novation (GA): Section 1.1.Below is a list of common sections included in Assignment And Assumption Agreements. These sections are linked to the below sample agreement for you to explore. Purchaser desires to assume and purchase from Seller, and Seller desires to assign and sell to Purchaser, certain of Seller's liabilities and assets. WHEREAS, Assignor desires to sell, assign, and transfer to the Assignee, and the Assignee desires to purchase, all of Assignor's right, title, and interest in,. WHEREAS, Assignor wishes to assign all its rights under that certain Rental Car Concession.