Ownership Assignment Letter
Elvie Block
elvie@you.mail
Minneapolis, MN 55401
Subject: Ownership Assignment of Real Estate
Dear Elvie Block,
This letter serves as a formal Ownership Assignment to transfer the ownership of the property located at 1234 Oak Avenue, Minneapolis, MN 55401 from myself, [Your Name], to you, Elvie Block. This agreement reflects our mutual understanding and consent regarding the transfer of ownership.
Property Details:
Property Address: 1234 Oak Avenue, Minneapolis, MN 55401
Legal Description: Lot 15, Block 2, Oak Grove Addition
Terms of Transfer:
Effective Date: The effective date of this transfer shall be October 24, 2050.
Purchase Price: The total purchase price for the property is $350,000, to be paid in full at the time of transfer.
Representations and Warranties: I, [Your Name], hereby confirm that I hold clear and marketable title to the property and that there are no encumbrances or liens against it, except for those disclosed in this agreement.
Possession: You shall take possession of the property upon the signing of this agreement and payment of the purchase price.
Agreement: Both parties hereby agree to the terms outlined above:
[Your Name]
Date: October 24, 2050
Elvie Block
Date: October 24, 2050
Please sign and return a copy of this letter to confirm your acceptance of these terms. Should you have any questions, feel free to contact me at your earliest convenience.
Thank you for your cooperation.
Sincerely,
[Your Name]
[Your Email]
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