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Unformatted text preview: ACKNOWLEDGEMENT Trust Name: Name of the Trust Date: Date Property Address Property Address State of State in which documents are signed County of County in which Document is Signed The undersigned, being both the Purchaser and the Seller of the above-identified real property (hereinafter referred to as the “Property”), hereby acknowledge that the transaction is a subject-to transaction, and that one or more prior-existing indebtednesses and liens may exist and be attached to the Property. Any such prior indebtedness is not being assumed by the Purchaser, and remains the sole obligation and responsibility of the Seller. Purchaser and Seller acknowledge that the transfer, conveyance, or sale of any interest in the Property, including legal and equitable interests, may violate the terms and provisions of any existing security instrument, mortgage or deed to secure debt, and the mortgagee holding such instrument may...
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- Spring '12
- seller, purchaser