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Current as of January 02, 2025 | Updated by Findlaw Staff
An assumption of mortgage presented for filing and recording must:
(a) Be signed by or on behalf of each original mortgagor, each mortgagee, and each assuming party; and
(b) Recite the following:
(1) The name and address of each original mortgagor and the interest in the vessel mortgaged; and
(2) The name and address of each assuming party and the interest in the mortgage assumed.
Cite this article: FindLaw.com - Code of Federal Regulations Title 46. Shipping § 46.67.239 Requirements for assumptions of mortgages - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-46-shipping/cfr-sect-46-67-239/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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