Bennington County Assignment of Mortgage Forms (Vermont)

Form Package

Assignment of Mortgage

State

Vermont

Area

Bennington County

Price

$27.97

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Included Forms

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

Included Supplemental Documents

The following Vermont and Bennington County supplemental forms are included as a courtesy with your order.

Frequently Asked Questions:

Areas Covered by These Assignment of Mortgage Forms:

• Bennington County

Including:

• Arlington
• Bennington
• Bondville
• Dorset
• East Arlington
• East Dorset
• Manchester
• Manchester Center
• North Bennington
• North Pownal
• Peru
• Pownal
• Readsboro
• Rupert
• Shaftsbury
• Stamford
• West Rupert

What is the Vermont Assignment of Mortgage

Use this form to assign a previously recorded mortgage to another party.

Vt. Statute 1158 Assignment or discharge of mortgage or judgment lien

An assignment or discharge of a mortgage or judgment lien shall be duly recorded in the records of the town. A mortgage or judgment lien may be discharged by the mortgagee, judgment creditor, or assignee of such mortgage or judgment lien in writing on the margin of the mortgage record or judgment lien notice. A satisfaction or assignment of the mortgage or judgment lien recorded elsewhere shall bear a marginal notation of the book and page of the mortgage or judgment lien record and a corresponding cross-reference shall be made on the margin of the mortgage or judgment lien notice record.

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 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.

(Vermont AOM Package includes form, guidelines, and completed example) For use in Vermont only.

Our Promise

The documents you receive here will meet, or exceed, the Bennington County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

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Get your Bennington 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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