Wayne County Assignment of Deed of Trust Forms (Tennessee)

Form Package

Assignment of Deed of Trust

State

Tennessee

Area

Wayne County

Price

$27.97

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Included Forms

All Wayne County specific forms and documents listed below are included in your immediate download package:

Included Supplemental Documents

The following Tennessee and Wayne County supplemental forms are included as a courtesy with your order.

Frequently Asked Questions:

Areas Covered by These Assignment of Deed of Trust Forms:

• Wayne County

Including:

• Clifton
• Collinwood
• Cypress Inn
• Lutts
• Waynesboro

What is the Tennessee Assignment of Deed of Trust

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.

Our Promise

The documents you receive here will meet, or exceed, the Wayne 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 Wayne 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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