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Assignment of Contract For Pag-Ibig Home Development Fund

The document is a notice to PAG-IBIG FUND regarding the assignment of a contract from one party to another. Specifically, it states that all rights and interests under a contract formerly owned by an assignor have been permanently transferred and assigned to a new party, the assignees, as of a specified date. The notice requests that PAG-IBIG FUND recognize the assignees as having assumed all obligations and rights under the contract, replacing the former assignors.

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0% found this document useful (0 votes)
297 views

Assignment of Contract For Pag-Ibig Home Development Fund

The document is a notice to PAG-IBIG FUND regarding the assignment of a contract from one party to another. Specifically, it states that all rights and interests under a contract formerly owned by an assignor have been permanently transferred and assigned to a new party, the assignees, as of a specified date. The notice requests that PAG-IBIG FUND recognize the assignees as having assumed all obligations and rights under the contract, replacing the former assignors.

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Date:_______________

To: PAG-IBIG FUND (Home Development Mutual Fund)

RE: Assignment of Contract

Dear ________________:

This notice is in reference to the contract described in the attached


document. (Please see the attachment.)

Please be advised that by virtue of the attached Deed of Sale with


Assumption of Mortgage (Please see attached copy), as of
_______________, all interest and rights under this contract which was
formerly owned by ____________________ of _______________, have
been permanently assigned to __________________________ of
_________________________________.

Please be advised that all of the obligations and rights of the former party,
the assignors, to this contract are now the responsibility of the new party, the
assignees.

_____________________________
Assignors

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