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Mortgage Assumption Contract Template – There are several reasons why mortgages may be assumed. What is material is that there is mutual understanding betweenA letter of assumption is a written agreement between a current homeowner and a prospective buyer. The letter states that the buyer agrees to take over the THE FOLLOWING ITEMS MUST BE INCLUDED IN A LETTER OF ASSUMPTION (SEE. SAMPLE LETTER BELOW) FOR THE PURPOSE OF MEETING THE REQUIREMENTS. Assumption Letter means that certain letter agreement, dated as of April 16, 2015, between Southcross Holdings and SXE. Sample 1Sample 2. Based on 2 documents. Assumption Letter. An assumption letter in the form of Exhibit C (any such letter, an "Assumption Letter") signed by such Borrowing Subsidiary and Culligan.
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