Maryland Assignment of Deed of Trust - Mortgage Overview

Maryland Assignment of Deed of Trust - Mortgage Image
Select County or Independent City Where the Property is Located

Both Deed of Trusts and Mortgages are used as security instruments to secure a debt on real property in Maryland. This form is used to assign either to another party, often used when the debt is sold to another lender.

(The clerk of the court shall record photographically any assignment of a mortgage with an attachment or rider affixed to it containing the names of the parties as they appear on the original mortgage and a reference to the book number and page number where the mortgage is recorded.) (3-106 - Recording of assignments of mortgages)

Notice of Assignment Form Included.
The Truth and lending act requires that borrowers be notified when their Deed of Trust/Mortgage debt has been sold, transferred, or assigned to a new creditor.

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

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