Deprecated: Creation of dynamic property edit_flow::$helpers is deprecated in /var/www/html/content/plugins/edit-flow/edit_flow.php on line 139 Deprecated: Creation of dynamic property EF_Calendar::$max_weeks is deprecated in /var/www/html/content/plugins/edit-flow/modules/calendar/calendar.php on line 30 Deprecated: Creation of dynamic property EF_Calendar::$module_url is deprecated in /var/www/html/content/plugins/edit-flow/modules/calendar/calendar.php on line 32 Deprecated: Creation of dynamic property edit_flow::$calendar is deprecated in /var/www/html/content/plugins/edit-flow/edit_flow.php on line 286 Deprecated: Creation of dynamic property EF_Custom_Status::$module_url is deprecated in /var/www/html/content/plugins/edit-flow/modules/custom-status/custom-status.php on line 30 Deprecated: Creation of dynamic property edit_flow::$custom_status is deprecated in /var/www/html/content/plugins/edit-flow/edit_flow.php on line 286 Deprecated: Creation of dynamic property EF_Dashboard::$module_url is deprecated in /var/www/html/content/plugins/edit-flow/modules/dashboard/dashboard.php on line 26 Deprecated: Creation of dynamic property EF_Dashboard::$module is deprecated in /var/www/html/content/plugins/edit-flow/modules/dashboard/dashboard.php on line 44 Deprecated: Creation of dynamic property edit_flow::$dashboard is deprecated in /var/www/html/content/plugins/edit-flow/edit_flow.php on line 148 Deprecated: Creation of dynamic property EF_Editorial_Comments::$module_url is deprecated in /var/www/html/content/plugins/edit-flow/modules/editorial-comments/editorial-comments.php on line 18 Deprecated: Creation of dynamic property edit_flow::$editorial_comments is deprecated in /var/www/html/content/plugins/edit-flow/edit_flow.php on line 286 Deprecated: Creation of dynamic property EF_Editorial_Comments::$module is deprecated in /var/www/html/content/plugins/edit-flow/modules/editorial-comments/editorial-comments.php on line 44 Deprecated: Creation of dynamic property EF_Editorial_Metadata::$module_url is deprecated in /var/www/html/content/plugins/edit-flow/modules/editorial-metadata/editorial-metadata.php on line 40 Deprecated: Creation of dynamic property edit_flow::$editorial_metadata is deprecated in /var/www/html/content/plugins/edit-flow/edit_flow.php on line 286 Deprecated: Creation of dynamic property EF_Notifications::$module_url is deprecated in /var/www/html/content/plugins/edit-flow/modules/notifications/notifications.php on line 29 Deprecated: Creation of dynamic property edit_flow::$notifications is deprecated in /var/www/html/content/plugins/edit-flow/edit_flow.php on line 286 Deprecated: Creation of dynamic property EF_Settings::$module_url is deprecated in /var/www/html/content/plugins/edit-flow/modules/settings/settings.php on line 15 Deprecated: Creation of dynamic property edit_flow::$settings is deprecated in /var/www/html/content/plugins/edit-flow/edit_flow.php on line 148 Deprecated: Creation of dynamic property EF_Story_Budget::$module_url is deprecated in /var/www/html/content/plugins/edit-flow/modules/story-budget/story-budget.php on line 35 Deprecated: Creation of dynamic property edit_flow::$story_budget is deprecated in /var/www/html/content/plugins/edit-flow/edit_flow.php on line 148 Deprecated: Creation of dynamic property EF_User_Groups::$module_url is deprecated in /var/www/html/content/plugins/edit-flow/modules/user-groups/user-groups.php on line 35 Deprecated: Creation of dynamic property edit_flow::$user_groups is deprecated in /var/www/html/content/plugins/edit-flow/edit_flow.php on line 286 Deprecated: Creation of dynamic property EF_Editorial_Metadata::$module is deprecated in /var/www/html/content/plugins/edit-flow/edit_flow.php on line 317
A clause informing buyers that they must agree to assume all of the obligations of the original borrower under the terms of the instruments creating and securing the loan.
A clause informing buyers that they must agree to assume all of the obligations of the original borrower under the terms of the instruments creating and securing the loan. The VA uses this one:
“If this obligation is assumed, then the assumer hereby agrees to assume all of the obligations of the veteran under the terms of the instruments creating and securing the loan. The assumer further agrees to indemnify the Department of Veterans Affairs to the extent of any claim payment arising from the guaranty or insurance of the indebtedness created by this instrument.”