Attachment 2 ASSIGNMENT, ASSUMPTION AND AMENDMENT ... - portal hud 2026

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The document is an Assignment, Assumption, and Amendment Agreement for a Section 8 Housing Assistance Payments Contract between the United States Department of Housing and Urban Development (HUD), a Seller, and a Buyer. It outlines the transfer of rights and obligations under the HAP Contract from the Seller to the Buyer as part of a real estate transaction, including amendments related to physical inspection standards and financial reporting requirements. The agreement ensures compliance with federal regulations and releases the Seller from future liabilities while binding the Buyer to the contract's terms.

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Click ‘Get Form’ to open it in the editor.
Begin by filling in the date at the top of the form. This is crucial for establishing the timeline of the agreement.
In the designated fields, enter the names of both the Seller and Buyer, along with their respective business structures (e.g., limited partnership, corporation).
Complete the HAP Contract Number and project name as referenced in your documents. Ensure accuracy to avoid future discrepancies.
Proceed to fill out any additional details regarding financial obligations and responsibilities as outlined in sections 1 through 4 of the agreement.
Finally, ensure all parties sign and date where indicated at the bottom of the form to validate the agreement.

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