Toombs County Assignment of Security Deed Forms (Georgia)

Form Package

Assignment of Security Deed

State

Georgia

Area

Toombs County

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$27.97

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Included Forms

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

Included Supplemental Documents

The following Georgia and Toombs County supplemental forms are included as a courtesy with your order.

Frequently Asked Questions:

Areas Covered by These Assignment of Security Deed Forms:

• Toombs County

Including:

• Lyons
• Vidalia

What is the Georgia Assignment of Security Deed

The Current holder of the Security Deed uses an "Assignment of Security Deed" to transfer the instrument to another party. This is typically done when the Security Deed has been sold, this allows the new lender to collect payments on the debt.

Georgia Statute: 44-14-64
(g) A transfer of a deed to secure debt shall not be recorded unless it includes the mailing address of the last transferee thereof. Failure to comply with this provision shall not be a defense to any foreclosure or grounds to set aside any foreclosure of any deed to secure debt.

Current Borrowers must be notified of the assignment. Notification consists of contact information of the new creditor, recording dates, recording instrument numbers, changes in loan, etc. Included are "Notice of Assignment of Security Deed" forms.

The Truth and lending act requires that borrowers be notified when their Security Deed has been sold, transferred, or assigned to a new creditor. Generally, within 30 days to avoid up to $2,000.00 in statutory damages, plus reasonable attorney's fees. Systematic violations can reach up $500,000.00.

(Georgia Assignment of Security Deed Package includes forms, guidelines, and completed examples)

Our Promise

The documents you receive here will meet, or exceed, the Toombs 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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Get your Toombs County Assignment of Security 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.

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