This Notice of Assignment of Contract for Deed is used by a Seller to provide notice to the Buyer(s) that the Seller has assigned a contract for deed to a third party and to make future payments to the third party. This form must be signed by the Seller and notarized.
Grand Rapids, Michigan Notice of Assignment of Contract for Deed is an essential legal document that outlines the transfer of rights and obligations of a contract for deed from one party to another in Grand Rapids, Michigan. This notice informs all relevant parties involved, including the original parties to the contract, about the change in ownership, and serves as evidence of the assignment. In Grand Rapids, Michigan, there are primarily two types of Notice of Assignment of Contract for Deed: 1. Simple Notice of Assignment of Contract for Deed: This type of notice provides basic information regarding the assignment, such as the names of the assignor (the original party) and the assignee (the new party), the effective date of the assignment, and the description of the property. It is a concise document meant to inform the parties involved without extensive details. 2. Comprehensive Notice of Assignment of Contract for Deed: This type of notice provides a more detailed description of the assignment. It includes additional information, such as the purchase price, terms and conditions of the original contract, any amendments made to the contract, and any other relevant provisions relating to the assignment. This type of notice ensures that all parties are aware of the exact terms of the contract and the obligations passed on to the assignee. Keywords: Grand Rapids, Michigan, Notice of Assignment of Contract for Deed, transfer of rights, obligations, ownership, evidence, parties, assignor, assignee, effective date, property description, purchase price, terms and conditions, amendments, provisions.
