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.
Mortgage Assumption Agreement Form In Texas
Category:
State:
Multi-State
Control #:
US-00424
Format:
Word;
Rich Text
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Loan Assumption Addendum. An assumption transaction may be accomplished with or without consent of the lender.The transaction involves only a title transfer. 1. Read the agreement carefully to understand the obligations. This document gives the Seller a lien on the property to secure the Buyer's promise to pay the mortgage. How do I fill this out?