Lease Assumption Agreement Form In Philadelphia

Category:

Loans and Lending - Assumptions

State:

Multi-State

County:

Philadelphia

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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Use this lease assumption agreement template to create a document that allows you to transfer your lease to someone else legally and easily. All you have to do is fill out our easy-to-understand questionnaire.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. This lease will automatically renew for a term of 1 year at the ending date unless Tenant or. Landlord gives a sixty (60) day written notice. 1. Enter the effective date of the lease assignment.

Lease Assumption Agreement Form In Philadelphia

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