Assignment of Lease and Rent from Borrower to Lender - District of Columbia 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 and Assignee in the designated fields.
4. Specify the loan agreement details, including its designation and date, along with the loan amount.
5. In Section I, provide information about all leases and rents being assigned. Ensure you include any renewals or extensions.
6. Complete Section II by authorizing the Assignee to collect rents upon demand, noting any conditions that apply.
7. Fill out Section III regarding the appointment of attorney, detailing powers granted to the Assignee for managing property.
8. Review Sections IV through VI for representations, warranties, covenants, and general provisions. Ensure all statements are accurate and complete.
9. Finally, sign and date at the bottom of the form where indicated. If applicable, have a notary public witness your signature.

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