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 Phoenix
Category:
State:
Multi-State
City:
Phoenix
Control #:
US-00424
Format:
Word;
Rich Text
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Buyer and Seller agree to cooperate fully with the lender and supply the necessary documentation to complete the assumption. It allows one party to "assume" the rights and responsibilities of the other party.1. Read the agreement carefully to understand the obligations. Enter the name, address, and SSN of each beneficiary of the estate. Include an extra sheet, if necessary. The basic concept is that the defendant is not responsible if the plaintiff knowingly exposed him or herself to a risk that could knowingly cause harm.