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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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Edit, sign, and share Assumption Agreement of Deed of Trust and Release of Original Mortgagors - Arizona online. Residential Resale Transaction Forms.What is an Assignment And Assumption Agreement? An assignment and assumption agreement transfers one party's rights and obligations to a third party.
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