Covington County Assignment of Contract for Deed Form

Covington County Assignment of Contract for Deed Form
Fill in the blank Assignment of Contract for Deed form formatted to comply with all Alabama recording and content requirements.

Covington County Assignment of Contract for Deed Guide
Line by line guide explaining every blank on the Assignment of Contract for Deed form.

Covington County Completed Example of the Assignment of Contract for Deed Document
Example of a properly completed Alabama Assignment of Contract for Deed document for reference.
All 3 documents above included • One-time purchase • No recurring fees
Immediate Download • Secure Checkout
Additional Alabama and Covington County documents included at no extra charge:
Where to Record Your Documents
Probate Office
Andalusia, Alabama 36420
Hours: 8:30 to 4:30 M-F
Phone: (334) 428-2510
Recording Tips for Covington County:
- White-out or correction fluid may cause rejection
- Request a receipt showing your recording numbers
- Recording early in the week helps ensure same-week processing
Cities and Jurisdictions in Covington County
Properties in any of these areas use Covington County forms:
- Andalusia
- Florala
- Gantt
- Lockhart
- Opp
- Red Level
- River Falls
- Wing
Hours, fees, requirements, and more for Covington County
How do I get my forms?
Forms are available for immediate download after payment. The Covington County forms will be in your account ready to download to your computer. An account is created for you during checkout if you don't have one. Forms are NOT emailed.
Are these forms guaranteed to be recordable in Covington County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Covington County including margin requirements, content requirements, font and font size requirements.
Can I reuse these forms?
Yes. You can reuse the forms for your personal use. For example, if you have multiple properties in Covington County you only need to order once.
What do I need to use these forms?
The forms are PDFs that you fill out on your computer. You'll need Adobe Reader (free software that most computers already have). You do NOT enter your property information online - you download the blank forms and complete them privately on your own computer.
Are there any recurring fees?
No. This is a one-time purchase. Nothing to cancel, no memberships, no recurring fees.
How much does it cost to record in Covington County?
Recording fees in Covington County vary. Contact the recorder's office at (334) 428-2510 for current fees.
Questions answered? Let's get started!
This form can be used to assign either the seller’s interests or the buyer’s interests from a Contract for Deed, Land Contract, Buy-Sell Purchase Agreement, etc.
Benefits for the Seller (Assigning Their Interest)
When a seller assigns their interest, they are transferring the right to receive remaining payments under the contract for deed to another party (often an investor or note buyer).
Why a seller would assign a contract?
Immediate Cash Flow: Seller may receive a lump sum from the assignee (investor), converting future payments into immediate cash.
Eliminates Management Responsibilities: The assignee takes over duties like collecting payments, managing defaults, and conveying title when terms are met.
Reduced Legal Risk: Once the interest is legally assigned and recorded, the original seller often has no ongoing obligations (depending on contract terms).
Portfolio Liquidation: Enables sellers to exit long-term financing deals or offload multiple contracts as part of estate or investment planning.
Example: A seller assigns a $40,000 balance of a contract for deed to an investor for $32,000 cash. The investor now collects monthly payments and holds title until the buyer pays in full.
Benefits for the Buyer (Assigning Their Interest)
When a buyer (vendee) assigns their position, they are transferring their right to purchase the property (and duty to pay remaining installments) to a third party.
Why a buyer would assign a contract?
Exit Strategy: Buyer can exit a property purchase they no longer want, need, or can afford.
Profit Opportunity: If the property has appreciated or favorable terms were negotiated, the buyer can sell their equity and profit from the assignment.
Avoid Default: Buyer avoids foreclosure or forfeiture by transferring the contract to a willing party.
Flexibility: Allows creative structuring of deals, especially in "subject-to" or lease-option-style transactions.
Example: A buyer who paid $10,000 down and owes $50,000 may assign their contract to another buyer for $15,000, netting $5,000 profit.
For use in Alabama only.
Important: Your property must be located in Covington County to use these forms. Documents should be recorded at the office below.
This Assignment of Contract for Deed meets all recording requirements specific to Covington County.
Our Promise
The documents you receive here will meet, or exceed, the Covington County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Save Time and Money
Get your Covington County Assignment of Contract for Deed form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
4.8 out of 5 - ( 4573 Reviews )
Camesha Y.
January 10th, 2019
Was working with a notary client that need to do a deed. We got on this site, ordered the blank forms, he filled them out and we printed them so he could sign. Really clean forms, easy to understand and complete in a hurry. I will be letting all my clients know about this site.
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Francine B.
March 25th, 2020
Looks like all forms are available. Hope they are as easy to use as it was to obtain. Thank you.
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Janet P.
July 30th, 2021
Extremely easy to use. The guide and sample were a great source of reference.
Thank you for your feedback. We really appreciate it. Have a great day!
Michaela D.
February 27th, 2019
I purchased this form to add my boyfriend to the deed of our home. He owns his own business so he cannot be on our mortgage. The guide doesn't clearly explain adding a person rather than focusing on transferring during a purchase or selling of a home. For future, I'd recommend make a few different examples for those who are trying to use this for the other options a Quit Claim Deed is needed for.
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Kay C.
November 16th, 2020
that worked great I like to see what I'm filling out and the extra info is really helpful..
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Karin G.
January 28th, 2021
All went well. Forms easy to download and instructions were super. Very pleased with the service.
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James C.
November 3rd, 2020
Deed was filed with county quickly. Great service!
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Trent D.
April 17th, 2022
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Frank R.
January 20th, 2020
Our notary. Marie was prompt, courteous and professional. Would definitely use again and reccomend
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Debora A.
May 23rd, 2023
Website easy to use and explanations available
Thank you!
Delsina T.
October 9th, 2020
So helpful. Thank you so much for making this a smooth process.
Thank you!
janice b.
April 29th, 2021
This is a very helpful site when you don't know exactly what to do. Very clear in explaining the wording on deeds. Thank you it made a big difference knowing the right way to do things.
Thank you for your feedback. We really appreciate it. Have a great day!
Nancy J.
June 17th, 2020
This is a great service recommended by CSC. I only had one document to e-file. I would recommend to anyone.
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April 13th, 2020
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February 4th, 2021
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