I have written before about assuming a hot water heater rental contract with your new house. Today’s question: do you want to? Before you automatically agree to assume the contract, you might want to take a look at the wording of it. Sometimes it makes more sense to...
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rental contract
Alarming
Many more people these days have alarm systems. These systems, like a hot water heater, are often rentals that are to be assumed by the buyer of the home. Be careful, however: sometimes they have particular rules about assumption, and sometimes the buyer will not want...