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Form Name:
Loan Assumption Addendum (Form ID: 41-3)
Effective Date:
02/01/2023
Instructions:

This version (41-3) of the Loan Assumption Addendum is available for voluntary use until February 1, 2023, when its use becomes mandatory.  As of February 1, 2023, the prior version (41-2) will no longer be available on the website.

Description:

This Addendum is used when the Buyer is assuming Seller's existing loan.

Related Terms:
Contracts, Forms & Applications, Contract Addenda, Real Estate Sales Agent, Real Estate Broker Individual, Business Entity Broker