Prepare an Assignment of Rents and Repurchase Agreement with this easy-to-use template form for the United States. Under the assignment, a borrower (assignor) assigns to a lender the rents due under a lease on a property owned by the borrower, as security for a mortgage loan or other monies advanced by a 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.

This USA assignment of rents and leases is provided in MS Word format, and is easy to download, fill in and print.