You can find the "Is Loan Assumable?" option on the "Loan Tab".
Description
There are three options you can select. The options are No Right to Transfer, Right to Transfer Once, and Right to Transfer Multiple times.
User Interface
Navigate to the "Loan Tab" and scroll down to the "Is Loan Assumable" section.
Select the appropriate drop-down option to match your order's intention.
(a) No Right to Transfer
(b) Right to Transfer Once
(c) Right to Transfer Multiple times
GoDocs Software Output Sample
(a) No Right to Transfer
No transfers are pre-contemplated or permited except for those specificly identified. The Lender retains the option to permit at their discretion. Transfers that occure via normal business processes, life occurances and are otherwise not a full transfer that impacts the Lender's collateral are acceptable.
(b) Right to Transfer Once
The section included to reflect the permitted transfers are added to the section. (The amount, ratio and percentage values are controllable at the Lender level.)
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Section E.1(f)(i) above can be further limited with the following langauge (in 12 month or 18 month versions) via product settings.
(c) Right to Transfer Multiple times
The Right to Transfer Multiple times is similar to Right to Transfer Once, but removes the "one time only" limitation.