Colbert County Assignment of Mortgage Forms (Alabama)

Form Package

Assignment of Mortgage

State

Alabama

Area

Colbert County

Price

$27.97

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Included Forms

All Colbert County specific forms and documents listed below are included in your immediate download package:

Included Supplemental Documents

The following Alabama and Colbert County supplemental forms are included as a courtesy with your order.

Frequently Asked Questions:

Areas Covered by These Assignment of Mortgage Forms:

• Colbert County

Including:

• Cherokee
• Leighton
• Muscle Shoals
• Sheffield
• Tuscumbia

What is the Alabama Assignment of Mortgage

This is a recorded document used to assign a previously recorded mortgage to another party, this is typically done when a mortgage has been sold or through administration of estates. Included is a "Notice of Assignment of Mortgage" form, by law the current borrowers must be notified of the mortgage assignment.

Title 43 - WILLS AND DECEDENTS' ESTATES.
Chapter 2 - ADMINISTRATION OF ESTATES.
Article 16 - Sale of Personal Property.

Section 43-2-420 - Assignment or transfer of mortgages, notes or accounts.
Executors and administrators may assign and transfer by endorsement, without recourse or warranty, any mortgages, notes or accounts belonging to a decedent, provided he receives the full amount due thereon, and provided said mortgages, notes or accounts shall have been entered on the inventory returned to the court.

For use in Alabama only.

Our Promise

The documents you receive here will meet, or exceed, the Colbert County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

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