Orange County Assignment of Mortgage Forms (Vermont)

Form Package

Assignment of Mortgage

State

Vermont

Area

Orange County

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$27.97

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Included Forms

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

Included Supplemental Documents

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

Frequently Asked Questions:

Areas Covered by These Assignment of Mortgage Forms:

• Orange County

Including:

• Bradford
• Brookfield
• Chelsea
• Corinth
• East Corinth
• East Randolph
• East Thetford
• Fairlee
• Newbury
• North Thetford
• Post Mills
• Randolph
• Randolph Center
• South Strafford
• Strafford
• Thetford
• Thetford Center
• Topsham
• Tunbridge
• Vershire
• Washington
• Wells River
• West Fairlee
• West Newbury
• West Topsham
• Williamstown

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 Orange 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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