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Alabama - Clay County Assignment of Rents and Leases Forms

Express Checkout (Download)

Form Package
Assignment of Rents and Leases
State
Alabama
Area
Clay County
Price
$27.97
Delivery
Immediate Download

Payment Information

Included Forms

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


Clay County Assignment of Rents and Leases Form Page 1

Assignment of Rents and Leases Form - Clay County

Fill in the blank form formatted to comply with all recording and content requirements.
Included document last updated 7/22/2022

Clay County Guidelines - Assignment of Rents and Leases Page 1

Guidelines - Assignment of Rents and Leases - Clay County

Line by line guide explaining every blank on the form.
Included document last updated 9/1/2022

Clay County Completed Example of the Assignment of Rents and Leases Document Page 1

Completed Example of the Assignment of Rents and Leases Document - Clay County

Example of a properly completed form for reference.
Included document last updated 7/22/2022

Included Supplemental Documents

The Following Alabama and Clay County supplemental forms are included as a courtesy with your order.


RT-1 Form (Alabama Document)


Certificate of Acknowledgment - Individual (Alabama Document)


Certificate of Acknowledgment - Representative (Alabama Document)


Homestead Information (Alabama Document)


State and County Homestead Chart (Alabama Document)


Non-Resident Form NR-AF1 (Alabama Document)


Non-Resident Form NR-AF2 (Alabama Document)


Non-Resident Form NR-AF3 (Alabama Document)


Non-Resident Form WNR (Alabama Document)


Non-Resident Form WNR-V (Alabama Document)


Principal Residence Exemptions from Property Tax (Alabama Document)


Frequently Asked Questions:

  • How long does it take to get my forms?
    • Forms are available immediately after submitting payment.
  • What are supplemental forms?
    • Often when a deed is recorded additional documents are required by Alabama or Clay County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
  • How do I get my forms, are they emailed?
    • After you submit payment you will see a page listing the Clay County forms you ordered with a download link to the pdf form file. You download the forms to your computer. You will also receive an email with a link to your download page in case you need it later.
  • What type of files are the forms?
    • All of our Clay County Assignment of Rents and Leases forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
  • Can the Assignment of Rents and Leases forms be re-used?
    • Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Clay County that you need to transfer you would only need to order our forms once for all of your properties in Clay County.
  • Are these forms guaranteed to be recordable in Clay County ?
    • Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Clay County including margin requirements, content requirements, font and font size requirements.
  • Do I have to enter all of my property information online?
    • No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
  • Can I save the completed form, email it to someone?
    • Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
  • Do I need any special software to use these forms?
    • You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
  • Are there any recurring fees involved?
    • No. Nothing to cancel, no memberships, no recurring fees.

Areas covered by these Assignment of Rents and Leases Forms:

  • Clay County

Including:

  • Ashland
  • Cragford
  • Delta
  • Hollins
  • Lineville
  • Millerville

What is the Alabama Assignment of Rents and Leases?

In this form the Assignor/borrower is allowed to collect the rent until an Event of Default, as defined in the subject Loan Agreement, Assignee/lender may, at its option, and without regard to the value of the Property or the adequacy of the security for the indebtedness, either in person or by agent, with or without bringing any action or proceeding, or by a receiver to be appointed by a court, enter upon, take possession of, manage and operate the Property or any part thereof, do any acts which Assignee deems proper to protect the Property and the Leases, and either with or without taking possession of the Property in the name of Assignor or in its own name, sue for or otherwise collect and receive such rents, issues, income and profits, including those past due and unpaid, and apply the same, less costs and expenses of operation and collection, including, but not being limited to, reasonable attorneys' fees, management fees and brokers' commissions, upon any indebtedness of Assignor to Assignee described in the Loan Documents, and in such order as Assignee may determine. Assignee reserves, within its own reasonable discretion, the right to determine the method of collection and the extent to which enforcement of collection of delinquent rents shall be prosecuted and shall not be accountable for more money than it actually receives from the Property. The entering upon and taking possession of the Property or the collection of such rents, issues, income and profits and the application thereof, as aforesaid, shall not cure or waive any default under the Loan Documents. Assignor agrees that it will facilitate in all reasonable ways Assignee's collection of such rents and will, upon request by Assignee, promptly execute a written notice to each tenant directing the tenant to pay rent to Assignee.

This form can be attached to a Mortgage, then recorded with the mortgage as one document or it can be recorded as single document to accompany a previously recorded mortgage. In short, this form is used as an inducement for the borrower to make payments on the subject mortgage security agreement.

For use in Alabama only.

Our Promise

The documents you receive here will meet, or exceed, the Clay 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 Clay County Assignment of Rents and Leases 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.

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