Franklin County Collateral Assignment of Leases, Rents and Rights Form (Texas)
All Franklin County specific forms and documents listed below are included in your immediate download package:
Collateral Assignment of Leases, Rents and Rights Form
Fill in the blank form formatted to comply with all recording and content requirements.
Included Franklin County compliant document last validated/updated 12/16/2024
Guidelines for Collateral Assignment
Line by line guide explaining every blank on the form.
Included Franklin County compliant document last validated/updated 11/1/2024
Completed Example of the Collateral Assignment Document
Example of a properly completed form for reference.
Included Franklin County compliant document last validated/updated 11/13/2024
Notice to Pay Rents to Person Other than Landlord Form
Correct form used by lender upon default to notify tenants of Lenders rights to collect rents.
Included Franklin County compliant document last validated/updated 11/21/2024
The following Texas and Franklin County supplemental forms are included as a courtesy with your order:
When using these Collateral Assignment of Leases, Rents and Rights forms, the subject real estate must be physically located in Franklin County. The executed documents should then be recorded in the following office:
Franklin County Clerk's Office
200 N Kaufman St / PO Box 1047, Mt Vernon, Texas 75457
Hours: Monday - Friday 8:00am - 12:00 & 1:00 - 5:00pm / Recording until 4:00pm
Phone: (903) 537-2342 Ext 2
Local jurisdictions located in Franklin County include:
- Mount Vernon
- Scroggins
- Talco
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 Franklin 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 Franklin County using our eRecording service.
Are these forms guaranteed to be recordable in Franklin County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Franklin County including margin requirements, content requirements, font and font size requirements.
Can the Collateral Assignment of Leases, Rents and Rights 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 Franklin County that you need to transfer you would only need to order our forms once for all of your properties in Franklin County.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by Texas or Franklin 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 Franklin County Collateral Assignment of Leases, Rents and Rights 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.
This form is executed/signed by the borrower/Assignor as inducement for the Lender/Assignee to make the loan evidenced by a Note secured by a Deed of Trust, borrower/Assignor has agreed to an assignment of rents in accordance with Chapter 64 of the Texas Property Code to Lender/Assignee in, to and under any and all leases (hereinafter collectively referred to as the "Leases" and singularly as a "Lease") and any rights to receive payments and liens securing rights to receive payments under notes, contracts for deed or otherwise arising (hereinafter collectively called "Notes and Liens")
Sec. 64.053. ENFORCEMENT OF SECURITY INTEREST IN RENTS GENERALLY.
(a) An assignee may enforce an assignment of rents using one or more of the methods provided by Section 64.054 or 64.055 or any other method sufficient to enforce an assignment of rents under a law of this state other than this chapter.
(b) On and after the date on which an assignee begins to enforce an assignment of rents, the assignee is entitled to collect all rents that:
(1) have accrued but remain unpaid on that date; and
(2) accrue on or after that date.
For use in Texas only.
Our Promise
The documents you receive here will meet, or exceed, the Franklin County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
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Get your Franklin County Collateral Assignment of Leases, Rents and Rights 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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