Lorain County Assignment of Mortgage Form

Lorain County Assignment of Mortgage Form
Fill in the blank form formatted to comply with all recording and content requirements.

Lorain County Assignment of Mortgage Guidelines
Line by line guide explaining every blank on the form.

Lorain County Completed Example of the Assignment of Mortgage Document
Example of a properly completed form for reference.

Lorain County Notice of Assignment of Mortgage Form
Fill in the blank form formatted to comply with content requirements.

Lorain County Notice of Assignment Guidelines
Line by line guide explaining every blank on the form.

Lorain County Completed Example of Notice of Assignment Document
Example of a properly completed form for reference.
All 6 documents above included • One-time purchase • No recurring fees
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Additional Ohio and Lorain County documents included at no extra charge:
Where to Record Your Documents
Lorain County Recorder
Elyria, Ohio 44035
Hours: 8:00am to 4:30pm M-F
Phone: 440-329-5148
Recording Tips for Lorain County:
- White-out or correction fluid may cause rejection
- Ask about their eRecording option for future transactions
- Bring extra funds - fees can vary by document type and page count
Cities and Jurisdictions in Lorain County
Properties in any of these areas use Lorain County forms:
- Amherst
- Avon
- Avon Lake
- Columbia Station
- Elyria
- Grafton
- Kipton
- Lagrange
- Lorain
- North Ridgeville
- Oberlin
- Sheffield Lake
- Wellington
Hours, fees, requirements, and more for Lorain County
How do I get my forms?
Forms are available for immediate download after payment. The Lorain County forms will be in your account ready to download to your computer. An account is created for you during checkout if you don't have one. Forms are NOT emailed.
Are these forms guaranteed to be recordable in Lorain County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Lorain County including margin requirements, content requirements, font and font size requirements.
Can I reuse these forms?
Yes. You can reuse the forms for your personal use. For example, if you have multiple properties in Lorain County you only need to order once.
What do I need to use these forms?
The forms are PDFs that you fill out on your computer. You'll need Adobe Reader (free software that most computers already have). You do NOT enter your property information online - you download the blank forms and complete them privately on your own computer.
Are there any recurring fees?
No. This is a one-time purchase. Nothing to cancel, no memberships, no recurring fees.
How much does it cost to record in Lorain County?
Recording fees in Lorain County vary. Contact the recorder's office at 440-329-5148 for current fees.
Questions answered? Let's get started!
Use this form to assign and transfer an existing mortgage to another party, this is often done when a mortgage has been sold. This form is considered (by a separate instrument).
5301.28 Release of mortgage - assignment.
When the mortgagee of property within this state, or the party to whom the mortgage has been assigned, either (by a separate instrument), or in writing on that mortgage, or on the margin of the record of the mortgage, which assignment, if in writing on the mortgage or on the margin of the record of the mortgage, need not be acknowledged, receives payment of any part of the money due the holder of the mortgage, and secured by the mortgage, and enters satisfaction or a receipt for the payment, either on the mortgage or its record, that satisfaction or receipt, when entered on the record, or copied on the record from the original mortgage by the county recorder, will release the mortgage to the extent of the receipt. In all cases when a mortgage has been assigned in writing on that mortgage, the recorder shall copy the assignment from the original mortgage upon the margin of the record of the mortgage before the satisfaction or receipt is entered upon the record of the mortgage.
In a county in which the county recorder has determined to use the microfilm process as provided by section 9.01 of the Revised Code, the county recorder may require that all satisfactions of mortgages be made by separate instrument. The original instrument bearing the proper endorsement may be used as such a separate instrument. That separate instrument shall be recorded in the county recorder's official records.
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 Mortgage" forms.
The Truth and lending act requires that borrowers be notified when their Mortgage 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.
(Ohio Assignment of Mortgage Package includes form, guidelines, and completed example) For use in Ohio Only.
Important: Your property must be located in Lorain County to use these forms. Documents should be recorded at the office below.
This Assignment of Mortgage meets all recording requirements specific to Lorain County.
Our Promise
The documents you receive here will meet, or exceed, the Lorain 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 Lorain County Assignment of Mortgage 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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