Assignment And Assumption Agreement Example In Bronx

Category:

Loans and Lending - Assumptions

State:

Multi-State

County:

Bronx

Control #:

US-00424

Format:

Instant download

Description

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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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 is an agreement for transferring contractual duties and rights.WHEREAS, Assignor wishes to assign all its rights under that certain Rental Car Concession. An assignment agreement transfers one party's rights and obligations under a contract to another party.

Assignment And Assumption Agreement Example In Bronx

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