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.
Lease Assumption Agreement Form In Cook
Category:
State:
Multi-State
County:
Cook
Control #:
US-00424
Format:
Word;
Rich Text
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An assignment and assumption of lease is a legal real estate document that allows one party to transfer rights and obligations of a lease to another party. Use this lease assumption agreement template to create a document that allows you to transfer your lease to someone else legally and easily.This chapter describes leasing activities and NYCHA's policies pertaining to lease execution, security deposits, and other charges. The purpose of our sample lease is to provide you with an example from which to follow along with the sections of our lease training video. The Assignor wishes to assign the Lease to the Assignee and the Assignee desires to assume the Lease from the Assignor. Assignment and Assumption of Lease and Landlord Consent. ENTIRE AGREEMENT: This Lease contains the entire agreement of the Landlord and Tenant.