What Is The Purpose Of An Assignment And Assumption Agreement

State:
Multi-State
Control #:
US-00424
Format:
Word; 
Rich Text
Instant download

Description Assumption Agreement

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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What Is The Purpose Of An Assignment And Assumption Agreement