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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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Below is a list of common sections included in Assignment And Assumption Agreements. These sections are linked to the below sample agreement for you to explore.(Noise and Operations Monitoring at San Antonio International Airport). This Assignment and Assumption Agreement (this "Agreement") is made as of September.
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Assignment And Assumption Agreement Example In San Antonio