Do You Need A Closing To Get A Note Assigned?
I am in the process of getting a note assigned and was wondering if I should go through a closing for this.
Searched Google but not much out there on Notes besides solicitations it seems
Searched Google but not much out there on Notes besides solicitations it seems
Comments(0)
No closing is required.
All you need is a recordable document that indicates the the note has been assigned to you. The assignor usually indicates the original amount of the note, original date, the book/page the note was recorded and the identity of the asignee.
In Florida a recordable document has the signature of a person authorized to assign, 2 indepedent witnesses and a notary. One of the witnesses can be the notary.
Then you should record the assignment.
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