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 Tarrant
Category:
State:
Multi-State
County:
Tarrant
Control #:
US-00424
Format:
Word;
Rich Text
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The Assignor wishes to assign the Lease to the Assignee and the Assignee desires to assume the Lease from the Assignor. An assignment and assumption agreement transfers one party's rights and obligations to a third party.Agrees in writing, to assume and perform the terms and covenants of this. Agreement and that upon such assumption, the Master Management Firm shall.