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Assumption Personal Debt By New Partner
ASSUMPTION PERSONAL DEBT BY NEW PARTNER
As consideration for the interest of in the assets of the partnership outlined in this contract., the firm agrees to pay [Percentage to pay] % of [Name and Address] personal indebtedness incurred by that person in the purchase of property and in the conduction of partnership business.
Signature and Title Dated
Signature and Title Dated
Signature and Title Dated