DIY Legal Forms

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Assumption Of Community Property Debts

1. Parties. [Name] (Husband) and [name] (Wife) were married on [date] in [place of marriage].

2. Assumption of Debts. Husband [or, Wife] agrees to pay the following debts, whether incurred by himself, Wife [or, herself, Husband], or the parties jointly for the duration of their marriage:

[list of debts, e.g., household, medical, taxes, legal fees, and mortgage].

3. Creation of Other Debts. Husband [or, Wife] will not create any other obligations for which Wife or her estate [or, Husband or his estate] shall become liable. Husband [or, Wife] will indemnify her [or, him] against any liabilities that he [or, she] may incur after the date of this Agreement.

[dated]

[signature]

[spouse assuming debt]

This Section for Notary:

Acknowledgment

STATE OF -------)

) ss: [date]

COUNTY OF ------)

On [Date] before me, [Name of Notary], notary, personally appeared [Name of Person(s) Involved], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

Witness my hand and official seal.

[signature]

[Name of Notary Public]

My commission expires: [date]

(Seal)