Common use of Transfer Ownership Clause in Contracts

Transfer Ownership. The party who will take ownership of the property must transfer title, refinance the loan and remove the other party from the debt by (date): ________________.  Ownership and title have been transferred and the lender has been notified of this agreement.  Other (Explain): ____________________________________________________________________________________ Check one:  The parties do not own any automobiles or recreational vehicles.  The parties agree to divide their vehicles in the following way: Year Make Model VIN# PT CPT/RSP PT CPT/RSP                 The parties agree to (check all that apply):  Sign over the title of the vehicle in their name by (date): ________________.

Transfer Ownership. The party who will take ownership of the property must transfer title, refinance refinancial the loan and remove the other party from the debt by (date): ________________.  Ownership and title have been transferred and the lender has been notified of this agreement.  Other (Explain): ____________________________________________________________________________________ Check one:  The parties do not own any automobiles or recreational vehicles.  The parties agree to divide their vehicles in the following way: Year Make Model VIN# PT CPT/RSP PT CPT/RSP                 The parties agree to (check all that apply):  Sign over the title of the vehicle in their name by (date): ________________.