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Document Id : 7352
File Type : Microsoft Word
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USA Assignment of Rents and Repurchase Agreement
Prepare an Assignment of Rents and Repurchase Agreement as security for a loan with this easy-to-use template form for the USA.
- The borrower (assignor) assigns to the lender the rents due under a lease on a property owned by the borrower, to secure repayment of a loan advanced from the lender.
- The borrower guarantees payment under the terms of the lease, and on default by the tenant, agrees to repurchase the rights assigned to the lender by paying the total unpaid balance of rental payments.
- Buy the form once, use as often as required.
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