General Assignment of Rents as Security

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This General Assignment of Rents as Security will effectively assign a rental property owner's security in rents as collateral for a loan. This agreement sets out the specific terms including amount of loan and description of the secured property.

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This General Assignment of Rents as Security for Indebtedness will effectively assign a rental property owner's interest in rents as security for a loan. This assignment sets out the names of both assignor and assignee and the date and amount of the promissory note and/or loan. It also sets out assignor's warranties, including performance of obligations under any assigned leases. It is imperative that this assignment be memorialized in writing. A written General Assignment of Rents as Security will prove invaluable in the event there is a default of the loan for which the rents serve as security.

This General Assignment of Rents as Security includes the following:
  • Parties: Sets forth the names of the assignor (rental property owner) and the assignee (person receiving the rents assignment);
  • Loan Information: Sets forth the date and amount of the promissory note, including a description of the property(ies) which are held as security;
  • Warranties: Sets out the specific warranties made by the assignee regarding the rental securities;
  • Signature: Assignor must sign this agreement in the presence of a witness.

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This attorney-prepared packet contains:
  1. General Instructions
  2. General Assignment of Rents as Security
State Law Compliance: This form complies with the laws of all states
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Number of Pages4
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28619
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
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