This deed conveys property to the grantee and the grantee agrees to pay the balance of the mortgage indebtedness due. The form is available in both word and word perfect formats.
Deed Of Assumption Of Mortgage Sample
State:
Alabama
Control #:
AL-005-09-CP
Format:
Word;
Rich Text
Instant download
Description Deed Of Assumption Template
Free preview Deed Of Mortgage Sample
How to fill out Alabama Deed With Mortgage Assumption?
1. Begin by entering the date at the top of the form.
2. Enter the name of the grantor (current property owner) in the "Grantor" section.
3. Enter the name of the grantee (new property owner) in the "Grantee" section.
4. Provide a legal description of the property being transferred in the designated section.
5. Enter the amount of the outstanding mortgage being assumed by the grantee in the "Assumption Amount" section.
6. Include any additional terms and conditions for the mortgage assumption in the "Additional Terms" section.
7. Both the grantor and grantee must sign and date the form in the respective spaces provided.
It is not possible to fill out a specific form online without subscribing to an online legal forms provider. However, users can visit US Legal Forms website where they can find up-to-date, lawyer-approved, state-specific form templates such as the Alabama Deed with Mortgage Assumption. These forms are available in Word, PDF, and RTF formats, and users can complete or download them for a fee. To access a form on US Legal Forms, users need to register and purchase either a Basic or Premium subscription on a monthly or annual basis.
2. Enter the name of the grantor (current property owner) in the "Grantor" section.
3. Enter the name of the grantee (new property owner) in the "Grantee" section.
4. Provide a legal description of the property being transferred in the designated section.
5. Enter the amount of the outstanding mortgage being assumed by the grantee in the "Assumption Amount" section.
6. Include any additional terms and conditions for the mortgage assumption in the "Additional Terms" section.
7. Both the grantor and grantee must sign and date the form in the respective spaces provided.
It is not possible to fill out a specific form online without subscribing to an online legal forms provider. However, users can visit US Legal Forms website where they can find up-to-date, lawyer-approved, state-specific form templates such as the Alabama Deed with Mortgage Assumption. These forms are available in Word, PDF, and RTF formats, and users can complete or download them for a fee. To access a form on US Legal Forms, users need to register and purchase either a Basic or Premium subscription on a monthly or annual basis.