Assignment of Deed of Trust by Individual Mortgage Holder - Virginia 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by filling in the 'Prepared by and after Recording Return to' section. Enter your name, firm/company, address, city, state, zip code, and phone number.
  3. Next, provide the Assessor’s Property Tax Parcel/Account Number if applicable.
  4. In the 'ASSIGNMENT OF DEED OF TRUST' section, enter the names and addresses of both the Assignor (you) and Assignee (the recipient).
  5. Fill in the details regarding the Deed of Trust: include the date it was executed, names of Mortgagor(s), Original Trustee, Original Beneficiary, and where it was filed.
  6. Specify the amount of the Promissory Note secured by this Deed of Trust.
  7. Sign and date at the bottom where indicated. Ensure you also have a notary public acknowledge your signature.

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Putting a house with a mortgage in a revocable trust can offer many benefits. The process involves transferring ownership of the property to the trust, with you as the trustee. This means you retain control over the property and can change the trusts terms as needed.
An Assignment of Deed of Trust transfers the rights to a new owner to become the lender of record. This new lender gains the ability to: Foreclose on the property if the borrower defaults. Collect payments from the borrower.
Deeds of Trust. The Trustee can be a natural person or legal entity. There is no residency requirement.
Mortgage or Deed of Trust? StateMortgage StateDeed of Trust State Utah ❌ ✅ Vermont ✅ ❌ Virginia ❌ ✅ Washington ❌ ✅47 more rows Dec 4, 2024

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