My Account Deeds.com Real Estate Deeds

Washington Notice of Assignment of Deed of Trust

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. It is the responsibility of the new creditor to notify the borrower(s) 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.

Section 404 of the Act amends Section 131 of "Truth in Lending Act" to add a new subsection (g) which provides that, in addition to other disclosures required by the Truth in Lending Act, not later than 30 days after the date on which a mortgage loan is sold or otherwise transferred or assigned to a third party, the creditor that is the new owner or assignee of the debt shall notify the borrower in writing of the transfer. The notice must include the identity, address and telephone number of the new creditor; the date of the transfer; how to reach an agent or party having authority to act on behalf of the new creditor; the location of the place where transfer of ownership of the debt is recorded; and any other relevant information regarding the new creditor.

For use in Washington only.

Deeds.com Washington Notice of Assignment of Deed of Trust Forms Have Been Updated as Recently as Monday March 22, 2021

4.8 out of 5 (2585 Reviews)

What others like you are saying:


Wendy S. said: Very easy and affordable.

Reply from Staff: We appreciate your business and value your feedback. Thank you. Have a wonderful day!


HAMIDREZA M. said: excellent service

Reply from Staff: Thank you!


maria b. said: really easy and and helpful.

Reply from Staff: Thank you!


Teri A S. said: Received the quit claim form as ordered. Seemed clear and concise, easy to follow instructions and the completed example was helpful.

Reply from Staff: Thank you Teri, have a great day!


michael b. said: Your web site is very user friendly and easy to navigate I was very pleased with the experience

Reply from Staff: Thank you!


Barbara C. said: Excellent site; easy to use

Reply from Staff: Thank you!


Washington Notice of Assignment of Deed of Trust Form