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 New York
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Multi-State
Control #:
US-00424
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Word;
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THIS LEASE ASSIGNMENT AGREEMENT (hereinafter referred to as the. An assignment and assumption agreement transfers one party's rights and obligations to a third party.For conveyances of real property within New York City, use Form TP-584-NYC.