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.
Simple Assumption Agreement Form In Los Angeles
Category:
State:
Multi-State
County:
Los Angeles
Control #:
US-00424
Format:
Word;
Rich Text
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It allows one party to "assume" the rights and responsibilities of the other party. Use this lease assumption agreement template to create a document that allows you to transfer your lease to someone else legally and easily.1. Read the agreement carefully to understand the obligations. Upon the due execution of this Agreement, Tenant shall deposit with Landlord the sum of.