Use this form to transfer a Deed of Trust to another party. The holder of the Deed of Trust becomes the Assignor and transfers rights to the Assignee, this is usually done when a Deed of Trust has been sold. An Assignment of Deed of Trust (secured by a Deed of Trust or other lien of record, shall be entered on the margin of the record of the lien or said assignment shall be acknowledged and filed for record.) (Except as provided in Section 89-5-37) (89-5-17). [The assignment or transfer of a secured indebtedness need not be filed for record nor entered on the margin of the record if the holder thereof is represented by an agent, trustee or the like disclosed as beneficiary in the mortgage or deed of trust.] [MS Code 89-5-37]

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 Deed of Trust" forms.

The Truth and lending act requires that borrowers be notified when their Deed of Trust 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.

(Mississippi Assignment of DOT Package includes form, guidelines, and completed example) For use in Mississippi only.

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 Assignment of Deed of Trust

Assign a deed of trust as part of a loan portfolio sale
Transfer loan servicing rights to a new company
Document a lender's collateral interest in rental income
Transfer a mortgage between affiliated financial institutions

Compare other Mississippi deed forms and documents

Quitclaim Deed Quitclaim Deed Reserving Life Estate Gift Deed Warranty Deed Warranty Deed Reserving Life Estate Special Warranty Deed Grant Deed Correction Deed Easement Deed Termination of Easement Trustee Deed for Inter Vivos Trust Revocable Transfer on Death Deed Revocation of Transfer on Death Deed Executor Deed Administrator Deed Mineral Deed Mineral Deed with Quitclaim Covenants General Durable Power of Attorney Specific Power of Attorney for the Purchase of Property Specific Power of Attorney for the Sale of Property Deed of Trust and Promissory Note Release of Deed of Trust Substitution of Trustee Trustee Deed for Sale of Foreclosed Property Assignment of Leases and Rents Authority to Cancel Assignment of Leases and Rents Contract for the Sale and Purchase Of Real Property Memorandum of Contract Full Release of Memorandum of Contract Disclaimer of Interest Certificate of Trust Lis Pendens Release of Lis Pendens

Important: County-Specific Forms

Our assignment of deed of trust forms are specifically formatted for each county in Mississippi.

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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