Assignment of Lease and Rent from Borrower to Lender - Arizona 2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin by filling in the date at the top of the form, indicating when the assignment is granted.
3. Enter the names of both the Assignor (Borrower) and Assignee (Lender) in the designated fields.
4. Specify the loan agreement details, including its designation and date, along with the loan amount.
5. In Section I, clearly outline all leases and rents being assigned. Ensure that you include any renewals or extensions.
6. Review Section II for conditions precedent, ensuring that you understand when the Assignee can collect rents.
7. Complete Section III by authorizing the Assignee as your attorney-in-fact for managing property-related actions.
8. Fill out Sections IV through VI with necessary representations, warranties, covenants, and agreements as required.
9. Finally, sign and date at the bottom of the form to finalize your assignment.

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