US Legal Forms
Agreement to Buy and Sell Real Estate Assumption of Mortgage

Minnesota Agreement to Buy and Sell Real Estate Assumption of Mortgage

Category:

Real Estate - Assumptions

State:

Multi-State

Control #:

US-RE-A-101750-1

Format:

Instant download

Description

This is a sample Agreement to Buy and Sell Real Estate Assumption of Mortgage. An assignment and assumption agreement is used after a contract is signed, in order to transfer one of the contracting party's rights and obligations to a third party who was not originally a party to the contract. An assumption agreement allows a third party to “assume” or take over the loan of the property's seller. The form may be customized to suit your needs.

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