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Assumption Agreement With Release Of Liability In King

Category:
Loans and Lending - Assumptions
State:
Multi-State
County:
King
Control #:
US-00424
Format:
Word; 
Rich Text
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Description

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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More info

But if the seller wants to be released from liability on the loan, the buyer must qualify to assume the loan. Filed with the Securities and Exchange Commission.Section 1.3 Release.

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Assumption Agreement With Release Of Liability In King
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