Lake County Assignment of Deed of Trust Form

Additional Tennessee and Lake County documents included at no extra charge:

Where to Record Your Documents

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Cities and Jurisdictions in Lake County

Properties in any of these areas use Lake County forms:

• Ridgely
• Tiptonville
• Wynnburg

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This form is used by the current lender/beneficiary to Assign/transfer a Deed of Trust and Promissory Note to another party, this is usually done when a note has been sold.
Recording requirements include:
- Assignor & assignee
- Debtor's name
- Reference original Volume & Page of assigned document
- Maximum Principal Indebtedness for Tennessee Recording Tax Purposes is $0 (If amount is listed taxes must be paid)

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 debt 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.

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

Important: Your property must be located in Lake County to use these forms. Documents should be recorded at the county recording office listed above.

This Assignment of Deed of Trust meets all recording requirements specific to Lake County.

Our Promise

The documents you receive here are guaranteed to meet or exceed the applicable Lake County recording format requirements. If there is a rejection caused by our formatting, we will correct the issue or refund your payment. This guarantee applies to document formatting only and does not extend to information entered by the user, the selection of the form, or the legal effect of the completed document.

Save Time and Money

Get your Lake County Assignment of Deed of Trust 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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