The "Release of Assignment of Leases and Rents" is a legal document used to relinquish the interest of the assignee in the rents and leases of a property, often when the associated loan or mortgage is fully paid off. In the context of Kansas real estate, the document would typically include:

Title: Clearly stated as "Release of Assignment of Leases and Rents" to indicate its purpose.

Introductory Clause: Identifying the document as a release to an earlier "Assignment of Leases and Rents," referencing the original document by date and possibly by the book and page number where it was recorded.

Identification of Parties: Names and addresses of the assignor (the current holder of the mortgage or beneficiary) and the assignee (the party to whom the rents and leases were originally assigned).

Description of Real Estate: Legal description of the property in question, which may include the street address, legal description used in public records, and any identifying parcel numbers.

Declaration of Satisfaction: A statement that the mortgage or obligation which prompted the assignment of rents and leases has been fully satisfied or paid in full.

Execution by Holder: Signature of the mortgage holder or their authorized representative, asserting that the condition for the assignment has been fulfilled.

Notarization: A notary public's acknowledgment that the holder signed the release, including the date and the notary's official seal.

State Statutes: The document might reference specific Kansas statutes that govern the release of mortgage and assignments, such as Kansas Statutes Annotated (K.S.A.) Section 58-2309 which requires that a mortgagee must promptly file a release of mortgage upon the satisfaction of the mortgage.

Filing Information: Instructions for filing the release with the appropriate county's Register of Deeds in Kansas to ensure that it becomes a part of the public record.

The actual format and content may vary depending on the specific requirements of the county in Kansas where the property is located, as well as any specific terms that were part of the original loan or mortgage agreement. It is important to consult with a legal professional to ensure that the release complies with all applicable laws and fulfills the necessary legal formalities.

(Kansas Release of Assignment of Leases and Rents Package includes form, guidelines, and completed example)

How to Use This Form

Select your county from the list above
Download the county-specific form
Fill in the required information
Have the document notarized if required
Record with your county recorder's office

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Common Uses for Release of Assignment of Leases and Rents

Record an assignment of mortgage with the county
Release a lender's claim on rental income after loan payoff
Document the transfer of a note and deed of trust together
Document a lender's collateral interest in rental income
Release an assignment of rents back to the property owner

Compare other Kansas deed forms and documents

Quitclaim Deed Gift Deed Warranty Deed Special Warranty Deed Limited Warranty Deed Grant Deed Correction Deed Easement Deed Termination, Cancellation of Easement / Right of Way Mineral Deed Mineral Deed with Quitclaim Covenants Limited Power of Attorney for Sale Limited Power of Attorney for Purchase Contract for Deed Affidavit for Equitable Interest Release of Affidavit of Equitable Interest Mortgage Instrument and Promissory Note Discharge of Mortgage Assignment of Mortgage Assignment of Leases and Rents Memorandum of Lease Transfer on Death Deed Transfer on Death Deed Revocation Transfer on Death Affidavit Trustee Deed Administrator Deed Executor Deed Executor Deed with Power of Sale Disclaimer of Interest Certificate of Trust

Important: County-Specific Forms

Our release of assignment of leases and rents forms are specifically formatted for each county in Kansas.

After selecting your county, you'll receive forms that meet all local recording requirements, ensuring your documents will be accepted without delays or rejection fees.

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