Assignment of Deed of Trust by Individual Mortgage Holder - District of Columbia 2026

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  1. Click ‘Get Form’ to open the Assignment of Deed of Trust in the editor.
  2. Begin by filling in the 'Prepared by and after Recording Return to' section with your name, firm/company, address, city, state, zip, and phone number.
  3. Enter the Assessor’s Property Tax Parcel/Account Number in the designated field.
  4. In the 'Name and Address of Assignor' section, provide your details as the Assignor. Then fill in the 'Name and Address of Assignee' with the recipient's information.
  5. Specify the date of the original Deed of Trust and details about the Mortgagor(s), Original Trustee, and Original Beneficiary.
  6. Fill in where it states 'Filed of Record' with Book number, Page number, Document/Instrument No., and date filed for accurate record keeping.
  7. Indicate the amount secured by entering a dollar value next to 'Promissory Note'.
  8. Sign and date at the bottom as Assignor. Ensure all fields are completed before finalizing.

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A few states let lenders use both trust deeds and mortgages. Still, even in these states, your lender will choose which document youll have to sign.
Deeds of Trust. The Trustee can be a natural person or legal entity. There is no residency requirement.
An assignment of mortgage transfers all the original mortgagees interest under the mortgage, including the lien and the right to foreclose if the borrower defaults, to the new bank. It is supposed to be recorded with the county to reflect who holds the mortgage interest.
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.
If youre looking to give away or transfer your share in a property, a Deed of Assignment is the correct legal instrument. If youre buying a property with someone else and want to protect or define your investment, a Deed of Trust is the more appropriate choice.

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Assignment of mortgage typically happens because, once you close on your mortgage loan, your lender will quickly sell the mortgage note to another entity. Doing so allows your mortgage provider to ensure future financial liquidity so that it can keep extending home loans to other borrowers.

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