tiktok成人版

Loan Assignment And Assumption Agreement Template for United States

A Loan Assignment and Assumption Agreement is a legal document used in the United States that facilitates the transfer of rights and obligations under a loan agreement from one lender to another. It outlines the terms of the transfer, including the purchase price, representations and warranties, and the assumption of obligations by the new lender. The agreement ensures compliance with federal and state lending laws while maintaining the borrower's original obligations under the loan.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership聽of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Loan Assignment And Assumption Agreement?

The Loan Assignment And Assumption Agreement is commonly used when lenders need to transfer their loan portfolios, restructure their assets, or exit specific lending relationships. This document, governed by U.S. federal and state laws, details the transfer of all rights, title, and interest in the loan from the original lender to the new lender. It includes essential information such as the loan details, purchase price, representations about the loan's status, and compliance with applicable regulations. The agreement is crucial for maintaining proper documentation of the loan transfer while ensuring all parties understand their rights and obligations under the new arrangement.

What sections should be included in a Loan Assignment And Assumption Agreement?

1. Parties: Identifies original lender (assignor), new lender (assignee), and borrower

2. Background/Recitals: Details of original loan agreement and reason for assignment

3. Definitions: Key terms used throughout the agreement

4. Assignment and Assumption: Core provisions detailing the transfer of rights and obligations

5. Purchase Price: Consideration for the assignment

6. Representations and Warranties: Statements of fact by parties about their authority and loan status

7. Closing Conditions: Requirements to be met before assignment becomes effective

8. Governing Law: Jurisdiction governing the agreement

9. Signature Block: Execution provisions for all parties

What sections are optional to include in a Loan Assignment And Assumption Agreement?

1. Security Interest Provisions: Required when the original loan includes collateral or security interests that need to be assigned

2. Servicer Provisions: Terms relating to loan servicing arrangements when a third-party servicer is involved

3. Regulatory Compliance: Specific regulatory requirements when involving regulated financial institutions

What schedules should be included in a Loan Assignment And Assumption Agreement?

1. Schedule A - Original Loan Agreement: Copy of the loan agreement being assigned

2. Schedule B - Loan Schedule: Details of outstanding loan amount, payment schedule, and interest rate

3. Schedule C - Security Documents: List and copies of any security documents related to the loan

4. Schedule D - Required Consents: Copies of third-party consents required for assignment

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

United States

Cost

Free to use

Find the exact document you need

Assignment Of Real Estate Contract And Sale Agreement

A U.S. legal document that transfers rights and obligations under a real estate contract from one party to another.

Download

Agreement To Assignment

A U.S. legal document formalizing the transfer of rights, obligations, or property from one party to another, governed by state and federal laws.

Download

Assignable Purchase Contract

A U.S.-governed contract establishing purchase terms with the right to assign the contract to third parties.

Download

Assignment Of Real Estate Purchase Contract

A U.S. legal document that transfers a buyer's rights and obligations in a real estate purchase contract to another party.

Download

Assignment Of Lease From Seller To Buyer Form

A U.S. legal document that transfers lease rights and obligations from an existing tenant to a new tenant.

Download

Assignment Of Property Contract

A U.S. legal document that transfers property ownership rights from one party to another, subject to federal and state property laws.

Download

Assignment Of Contract Of Purchase And Sale

A U.S. legal document that transfers a buyer's rights and obligations under a purchase and sale agreement to another party.

Download

Wholesaling Real Estate Contracts

A U.S.-governed contract template for real estate wholesaling transactions, enabling property purchase with assignment rights to end buyers while ensuring legal compliance.

Download

Assignment Of Purchaser's Interest In Land Contract

A U.S. legal document that transfers a purchaser's rights and obligations under a land contract to a new buyer.

Download

Assignment Assumption Agreement

A U.S. legal document that transfers contractual rights and obligations from one party to another, ensuring proper assumption of responsibilities and benefits.

Download

Assignment Of Lease By Tenant

A U.S. legal document that transfers a tenant's lease rights and obligations to a new tenant, subject to landlord approval.

Download

Addendum Assignment Contract

A U.S.-governed legal document that transfers contractual rights and obligations from one party to another.

Download

Assignment Of Judgment Agreement

A U.S. legal document that transfers ownership rights of a court judgment from one party to another.

Download

Assignment Of Construction Contract To Lender

A U.S. legal document transferring construction contract rights from a contractor to a lender as security for financing.

Download

Assignment Of Leases And Rents

A U.S. security instrument that assigns property leases and rental income as loan collateral.

Download

Assignment And Assumption Of Lease

A U.S. legal document that transfers a tenant's lease rights and obligations to a new tenant, subject to landlord approval and state property laws.

Download

Assignment Fee Agreement

A U.S. legal document establishing terms for the transfer of rights from one party to another in exchange for a fee, governed by state contract laws.

Download

Assignable Lease

A U.S.-governed lease agreement that permits the transfer of tenant rights and obligations to another party, subject to specified conditions.

Download

Assignment And Amendment Agreement

A U.S. legal document that facilitates the transfer of contractual rights and obligations while simultaneously modifying terms of the original agreement.

Download

Assignment And Assumption Of Contract

A U.S. legal document that transfers contractual rights and obligations from one party to another, subject to state contract laws.

Download

Assignment And Assumption Agreement Asset Purchase

A U.S. legal document that transfers rights and obligations related to assets from one party to another, including terms of transfer and assumption of liabilities.

Download

Assignment Of Lease To New Owner

A U.S. legal document that transfers existing lease rights and obligations from a current property owner to a new owner.

Download

Assignment Of Lease By Lessor

A U.S. legal document transferring a lessor's rights and obligations under an existing lease to a new lessor while maintaining original lease terms.

Download

Assignment Of Contract Of Sale

A U.S. legal document that transfers rights and obligations under a sales contract from one party to another.

Download

Assignment Of Asset Purchase Agreement

A U.S. legal document that transfers rights and obligations under an existing Asset Purchase Agreement from one party to another.

Download

Assignable Option Agreement

A U.S. legal agreement granting transferable rights to execute a future transaction or acquire assets within a specified timeframe.

Download

Assignment Of Lease Contract

A U.S. legal document transferring lease rights and obligations from one party to another, subject to state and federal property laws.

Download

Assignment Of Intellectual Property Rights Agreement

A U.S.-governed agreement that transfers ownership of intellectual property rights from one party to another.

Download

Assignment Of Equipment Lease

A U.S. legal document that transfers rights and obligations under an existing equipment lease from one party to another.

Download

Assignment Of Agreement Addendum

A U.S. legal document that transfers rights or obligations under an existing agreement from one party to another.

Download

Assignment Of Purchase Order

A U.S. legal document that transfers rights and obligations under an existing purchase order from one party to another, governed by state law and the UCC.

Download

Assignment Assumption And Amendment Agreement

A U.S.-governed agreement that facilitates the transfer of contractual rights and obligations while modifying the original agreement's terms.

Download

Agreement To Assign Contract For Sale And Purchase

A U.S. legal agreement that transfers rights and obligations under an existing sales contract from one party to another.

Download

Assignment Of Liabilities Agreement

A U.S. legal document that transfers specified financial obligations or debts from one party to another, governed by federal and state contract laws.

Download

Assignment Of Lease By Landlord

A U.S. legal document that transfers a landlord's rights and obligations under an existing lease to a new landlord.

Download

Assignment Of Option Agreement

A U.S. legal document that transfers rights and obligations under an existing option agreement from one party to another.

Download

Assignment Of Purchase And Sale Agreement

A U.S. legal document that transfers a buyer's rights and obligations under a purchase and sale agreement to another party.

Download

Assignment Of Patent Rights Agreement

A US-law governed agreement that transfers ownership rights in patents from one party to another, complying with USPTO requirements.

Download

Assignment Of Franchise Agreement

A U.S. legal document that transfers franchise rights and obligations from one franchisee to another, subject to federal and state franchise regulations.

Download

Assignment Of Receivables Agreement

A U.S.-governed agreement that transfers accounts receivable from one party to another, typically used in business financing transactions.

Download
See more related templates

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it