Michigan Assignment of Leases and Rents
County Specific Legal Forms Validated as recently as June 26, 2026 by our Forms Development Team
About the Michigan Assignment of Leases and Rents
How to Use This Form
- Select your county from the list on the left
- 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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Use this form to assign leases and rents to the lender as added security in the case of default.
554.231 Assignment of rents to accrue from leases as additional mortgage security.
Sec. 1.
Hereafter, in or in connection with any mortgage on commercial or industrial property other than an apartment building with less than 6 apartments or any family residence to secure notes, bonds or other fixed obligations, it shall be lawful to assign the rents, or any portion thereof, under any oral or written leases upon the mortgaged property to the mortgagee, as security in addition to the property described in such mortgage. Such assignment of rents shall be binding upon such assignor only in the event of default in the terms and conditions of said mortgage, and shall operate against and be binding upon the occupiers of the premises from the date of filing by the mortgagee in the office of the register of deeds for the county in which the property is located of a notice of default in the terms and conditions of the mortgage and service of a copy of such notice upon the occupiers of the mortgaged premises.
(Michigan AOR 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
What Others Like You Are Saying
"SIMPLE EASY TO UNDERSTAND PROCESS"
"This site is Awesome! So easy to use and they really work fast. I will use this for all my Maricopa …"
"First time user but very pleased with user friendly service and reasonable cost."
"Easy but why charge???"
"That was easy!!"
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Important: County-Specific Forms
Our assignment of leases and rents forms are specifically formatted for each county in Michigan.
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.