Colbert County Assignment of Rents and Leases Form (Alabama)

All Colbert County specific forms and documents listed below are included in your immediate download package:

Assignment of Rents and Leases Form

Colbert County Assignment of Rents and Leases Form

Fill in the blank form formatted to comply with all recording and content requirements.
Included Colbert County compliant document last validated/updated 9/4/2024

Guidelines - Assignment of Rents and Leases

Colbert County Guidelines - Assignment of Rents and Leases

Line by line guide explaining every blank on the form.
Included Colbert County compliant document last validated/updated 11/8/2024

Completed Example of the Assignment of Rents and Leases Document

Colbert County Completed Example of the Assignment of Rents and Leases Document

Example of a properly completed form for reference.
Included Colbert County compliant document last validated/updated 11/1/2024

When using these Assignment of Rents and Leases forms, the subject real estate must be physically located in Colbert County. The executed documents should then be recorded in the following office:

Probate Office: Records Department

County Courthouse - 201 N Main St / PO Box 47, Tuscumbia, Alabama 35674

Hours: 8:00 to 4:30 M-F

Phone: (256) 386-8546

Local jurisdictions located in Colbert County include:

  • Cherokee
  • Leighton
  • Muscle Shoals
  • Sheffield
  • Tuscumbia

How long does it take to get my forms?

Forms are available immediately after submitting payment.

How do I get my forms, are they emailed?

Immediately after you submit payment, the Colbert County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be provided to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance. Forms are NOT emailed to you.

What does "validated/updated" mean?

This indicates the most recent date when at least one of the following occurred:

  • Updated: The document was updated or changed to remain compliant.
  • Validated: The document was examined by an attorney or staff, or it was successfully recorded in Colbert County using our eRecording service.
Are these forms guaranteed to be recordable in Colbert County?

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Colbert County including margin requirements, content requirements, font and font size requirements.

Can the Assignment of Rents and Leases forms be re-used?

Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Colbert County that you need to transfer you would only need to order our forms once for all of your properties in Colbert County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Alabama or Colbert County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.

What type of files are the forms?

All of our Colbert County Assignment of Rents and Leases forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.

Do I need any special software to use these forms?

You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.

Do I have to enter all of my property information online?

No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.

Can I save the completed form, email it to someone?

Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.

Are there any recurring fees involved?

No. Nothing to cancel, no memberships, no recurring fees.

In this form the Assignor/borrower is allowed to collect the rent until an Event of Default, as defined in the subject Loan Agreement, Assignee/lender may, at its option, and without regard to the value of the Property or the adequacy of the security for the indebtedness, either in person or by agent, with or without bringing any action or proceeding, or by a receiver to be appointed by a court, enter upon, take possession of, manage and operate the Property or any part thereof, do any acts which Assignee deems proper to protect the Property and the Leases, and either with or without taking possession of the Property in the name of Assignor or in its own name, sue for or otherwise collect and receive such rents, issues, income and profits, including those past due and unpaid, and apply the same, less costs and expenses of operation and collection, including, but not being limited to, reasonable attorneys' fees, management fees and brokers' commissions, upon any indebtedness of Assignor to Assignee described in the Loan Documents, and in such order as Assignee may determine. Assignee reserves, within its own reasonable discretion, the right to determine the method of collection and the extent to which enforcement of collection of delinquent rents shall be prosecuted and shall not be accountable for more money than it actually receives from the Property. The entering upon and taking possession of the Property or the collection of such rents, issues, income and profits and the application thereof, as aforesaid, shall not cure or waive any default under the Loan Documents. Assignor agrees that it will facilitate in all reasonable ways Assignee's collection of such rents and will, upon request by Assignee, promptly execute a written notice to each tenant directing the tenant to pay rent to Assignee.

This form can be attached to a Mortgage, then recorded with the mortgage as one document or it can be recorded as single document to accompany a previously recorded mortgage. In short, this form is used as an inducement for the borrower to make payments on the subject mortgage security agreement.

(Alabama Assignment Package includes form, guidelines, and completed example) For use in Alabama only.

Our Promise

The documents you receive here will meet, or exceed, the Colbert County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

Save Time and Money

Get your Colbert County Assignment of Rents and Leases form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.

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