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Michigan Department of Treasury, COL 504 (1297) 1 AFFIDAVIT OF ASSUMPTION Formerly C3318 by One Corporation STATE OF)) SS) County of for Another Corporation WHEREAS, Section 15 of P.A. 167 of 1933,
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How to fill out affidavit of assumption -1

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Step 1: Begin by gathering all the necessary information and documents required for filling out the affidavit of assumption.
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Step 2: Start by writing the title of the document, which is 'Affidavit of Assumption -1' at the top of the page.
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Step 3: Clearly state the purpose of the affidavit, providing details about the reason for assumption.
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Step 4: Include your full legal name and contact information at the beginning of the document.
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Step 5: Write a statement declaring that you assume all responsibility or liabilities mentioned in regards to the specified issue.
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Step 6: Provide a detailed description of the matter being assumed, including any relevant dates, names, or numbers.
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Step 7: Include any supporting documents or evidence that further validate your assumption.
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Step 8: Sign the affidavit in the presence of a notary public or authorized witness, and have them affix their seal or signature.
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Step 9: Make copies of the completed and notarized affidavit for your own records and any parties involved.
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Step 10: Submit the original affidavit to the appropriate person, agency, or organization that requires it.

Who needs affidavit of assumption -1?

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Individuals who are taking over a particular responsibility, obligation, or liability related to a specific matter may need an affidavit of assumption -1.
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This document is commonly used in legal and financial matters, such as assuming a loan, inheriting a property or business, taking over a lease, or assuming responsibility for a contract.
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It ensures that there is a legally binding record of the assumption and protects the rights and interests of all parties involved.
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Affidavit of assumption -1 is a legal document used to transfer ownership of an asset or property from one party to another.
Anyone who is assuming ownership of an asset or property from another party is required to file affidavit of assumption -1.
To fill out affidavit of assumption -1, provide details of the asset or property being transferred, information about the current owner, and details of the new owner assuming ownership.
The purpose of affidavit of assumption -1 is to legally document the transfer of ownership of an asset or property from one party to another.
Information such as details of the asset or property being transferred, current owner details, and new owner details must be reported on affidavit of assumption -1.
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