Common use of Transfer Ownership Clause in Contracts

Transfer Ownership. The party who will take ownership and title must transfer title, refinance the loan, and remove the other party from the debt by (date) 소유권 이전. (날짜) 까지 차량의 소유권과 명의를 취득할 당사자가 명의를 이전하고, 대출금 재융자를 받으며, 상대방 당사자를 그 채무에서 면책해 주어야 합니다. Title has already been transferred and the lender has been notified of this agreement. Other: (explain) 기타: (설명)

Transfer Ownership. The party who will take ownership and title of the property must transfer title, refinance the loan, and remove the other party from the debt by (date) 소유권 이전. 부동산의 소유권을 취득할 당사자는 (날짜) 까지 차량의 소유권과 명의를 취득할 당사자가 명의를 이전하고, 대출금 재융자를 받으며, 상대방 당사자를 그 해당 채무에서 면책해 주어야 면책하도록 합니다. Title has already Ownership and title have been transferred transferred, and the lender has been notified of this agreement. Other: (explain) 기타: (설명)