Collateral Assignment Of Deed Of Trust Template for United States

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Collateral Assignment Of Deed Of Trust

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Collateral Assignment Of Deed Of Trust

"I need a Collateral Assignment of Deed of Trust for a commercial property in California, where I'm assigning a $2.5M deed of trust to secure a new business loan from First National Bank, with the assignment to be effective March 1, 2025."

What is a Collateral Assignment Of Deed Of Trust?

A Collateral Assignment of Deed of Trust is utilized when a party holding a beneficial interest in a deed of trust wishes to use that interest as collateral for another obligation. This arrangement is common in complex financing structures, loan participations, or when securing additional financing. The document must detail the rights and obligations of all parties, comply with state recording requirements, and address federal regulations including UCC provisions. It's particularly important to ensure proper perfection of the security interest to maintain priority in case of default or bankruptcy.

What sections should be included in a Collateral Assignment Of Deed Of Trust?

1. Parties: Identification of assignor and assignee, including legal names and addresses

2. Background: Description of the original deed of trust and reasons for assignment

3. Definitions: Key terms used throughout the document

4. Assignment: Specific terms of the collateral assignment

5. Rights and Obligations: Detailed description of parties' rights and responsibilities

6. Term and Termination: Duration of assignment and conditions for termination

7. Governing Law: Applicable jurisdiction and choice of law

What sections are optional to include in a Collateral Assignment Of Deed Of Trust?

1. Security Agreement: Additional security provisions when enhanced security measures are needed

2. Default Provisions: Specific remedies in case of default, used when specific default scenarios need to be addressed

3. Insurance Requirements: Specific insurance obligations when insurance coverage needs to be specified

What schedules should be included in a Collateral Assignment Of Deed Of Trust?

1. Original Deed of Trust: Copy of the original deed of trust being assigned

2. Property Description: Legal description of the property covered by the deed of trust

3. Loan Documentation: Details of the underlying loan agreement

4. Notice Requirements: Specific notice requirements and procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Clauses
Industries

State-Specific Real Property Laws: Each state has unique real property laws governing deeds of trust, including specific recording requirements, formalities, and security interest regulations. These must be carefully considered based on the jurisdiction.

Uniform Commercial Code (UCC): Article 9 of the UCC governs secured transactions, including perfection and priority rules, and specific filing requirements that may apply to the collateral assignment.

Federal Laws - TILA and RESPA: Key federal regulations including Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA), along with Dodd-Frank Act provisions that may impact the assignment structure.

State Securities Laws: If the assignment involves investment purposes, state securities laws may apply, including registration requirements and disclosure obligations.

Bankruptcy Code: Federal bankruptcy laws affecting perfection requirements, priority in bankruptcy proceedings, and automatic stay provisions must be considered.

Federal Tax Laws: Tax implications of the assignment, IRS reporting requirements, and tax lien considerations must be addressed in the document.

Fair Debt Collection Practices Act: If applicable to the transaction, FDCPA regulations regarding collection rights and limitations must be incorporated.

Local Requirements: Local recording office requirements, state notarization laws, applicable consumer protection laws, and local real estate transfer taxes or fees must be addressed.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Short Form Deed Of Trust And Assignment Of Rents

An England & Wales legal document establishing a trust for property management and rental income assignment.

find out more

Deed Of Assignment Of Shares

A legal document transferring ownership of shares from one party to another under English law.

find out more

Deed Of Assignment Of Rights

A formal document in England & Wales verifying completion of court-ordered marriage counseling services.

find out more

Deed Of Assignment Of Land

An England & Wales legal document certifying substantial completion of contracted construction works.

find out more

Deed Of Assignment Of A Lease

An England & Wales document recognizing project completion and contributions, supporting career development and professional relationships.

find out more

Deed Of Assignment Endowment Policy

An England & Wales legal document confirming project completion, triggering final payments and warranty periods.

find out more

Assignment Of Deed Of Trust Form

A UK document certifying academic completion for employment, further education, and professional accreditation purposes.

find out more

Assignment Deed For Resale Flat

A legal document in England & Wales verifying completion of training for professional competency and compliance.

find out more

Deed Of Trust And Assignment Of Rents

A U.S. legal document creating a security interest in real property and its rental income, involving a three-party trust arrangement instead of a traditional mortgage.

find out more

Deed Of Assignment Of Tenancy

A U.S. legal document that transfers lease rights and obligations from one tenant to another, subject to state property laws.

find out more

Deed Of Assignment Of Loan

A U.S. legal document that transfers all rights and interests in a loan from one party to another, subject to federal and state regulations.

find out more

Deed Of Assignment Of Equitable Interest

A U.S. legal document that transfers beneficial ownership rights in property while maintaining existing legal title arrangements.

find out more

Deed Of Assignment And Transfer Of Rights

A U.S. legal document that formally transfers ownership rights from one party to another, requiring proper execution and often notarization.

find out more

Deed Of Assignment And Assumption

A U.S. legal document that transfers rights and obligations from one party to another, requiring formal execution under state laws.

find out more

Deed Of Absolute Assignment

A U.S. legal document that permanently transfers ownership rights from one party to another, requiring proper execution and notarization under state laws.

find out more

Corporate Assignment Deed Of Trust

A U.S. legal document that transfers trust rights and obligations from one corporation to another, complying with federal and state trust laws.

find out more

Confirmatory Deed Of Assignment

A U.S. legal document that formally confirms and validates a previous transfer of rights or assets between parties.

find out more

Collateral Assignment Of Deed Of Trust

A U.S. legal document that assigns a deed of trust as collateral security for another obligation, subject to state and federal regulations.

find out more

Assignment Of Security Deed

A U.S. legal document that transfers rights and interests in a security deed from one party to another, subject to federal and state property laws.

find out more

Assignment Of Promissory Note To Trust

A U.S.-governed agreement transferring ownership rights of a promissory note to a trust entity.

find out more

Assignment Of Promissory Note And Deed Of Trust

A U.S. legal document transferring rights to a promissory note and its associated deed of trust from one party to another.

find out more

Assignment Of Note And Deed Of Trust

A U.S. legal document that transfers ownership rights in a promissory note and deed of trust from one party to another.

find out more

Assignment Of Contract For Deed

A U.S. legal document that transfers a buyer's rights and obligations under a contract for deed to a new party.

find out more

Assignment Of Beneficial Interest Form

A U.S. legal document that transfers beneficial interest in a trust from one party to another.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.