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Deeds and Titles: What’s the Difference?
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Florida Mortgage with Assignment of Rents and Promissory Note
Includes:
- 15-Minute quick consult with attorney
- Our attorneys prepare the document for free.
- Formatted to meet county recording requirements.
- Documents delivered ready for notary, witnesses, and county recorder within 24-hours after your consultation.
$299
A Florida Mortgage with Assignment of Rents and Promissory Note can be used for the financing of rental properties in the state of Florida. With this document, a borrower essentially grants a lender the rights to collect rent from the rental properties that are being financed. At the same time, the lender waives this right to collect rents, allowing the borrower to do so unless or until the borrower defaults on loan repayments. In the event of a default on payments, the lender can revoke the right of the borrower to collect rents and assume the collection of rent themselves as long at the lender provides written notice 5 days in advance. A Florida Mortgage with Assignment of Rents and Promissory Note can be used for both a conventional and balloon mortgage.
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Andrew Lynn
October 3, 2021.
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Incredibly helpful. Was very pleased with the outcome of our issues. Thank you for the help. Would highly recommend
Niki Jones
September 22, 2021.
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I highly recommend Andrew and his team after seeking assistance with business contract needs. Andrew and Jennifer are capable, professional, and provide exemplary service with attention to detail.
Ernest Svara
August 10, 2021.
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Dealing with Easler Law was an extremely good experience. They were able to have all my questioned answered quickly and handled everything I needed them to in a timely fashion. Drew was great to work with and took me through my dealings step by step. I highly recommend this office!
Glory Mald
August 4, 2021.
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I have had great experiences at Easter law, the attorney and staff is always responsive. I feel valued and cared for when I visit. If I have a question or concern they always are there to help. I look forward to handling more business with them
Keila Nieves
July 27, 2021.
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If you need a reliable lawyer who knows what they're doing. Go to Jennifer. She's quick on her feet and knows what she's talking about. She's my go to.
Marilyn Clemison
July 24, 2021.
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Felt at home wonderful people would recommend them to family and friends ❤
A Florida Mortgage with Assignment of Rents and Promissory Note can be used for the financing of rental properties in the state of Florida. With this document, a borrower essentially grants a lender the rights to collect rent from the rental properties that are being financed. At the same time, the lender waives this right to collect rents, allowing the borrower to do so unless or until the borrower defaults on loan repayments.
In the event of a default on payments, the lender can revoke the right of the borrower to collect rents and assume the collection of rent themselves as long at the lender provides written notice 5 days in advance. While a Florida Mortgage with Assignment of Rents and Promissory Note can be used for both a conventional and balloon mortgage. However, it is important to note there is a specific language requirement established by Florida state law when this legal document is written in connection to a balloon mortgage.
Use QuickDeeds.com to quickly and easily have your Florida Mortgage with Assignment of Rents and Promissory Note drawn up. Our service utilizes a competent team of attorneys to verify your needs, draft, review, and help you with a document that is notary and recorder ready. We also take the time to ensure that your document is accurate and that is complies with all state and county laws and regulations.
If you are a lender who needs to prepare a Florida Mortgage with Assignment of Rents and Promissory Note, you can get started by filling out our simple form and scheduling a consultation with our team. One of our professional real estate attorneys will assess the pending property transaction to ensure you get the legal document that best suits your needs. QuickDeeds.com is Florida’s number one source for legal real estate and construction documents!
How It Works
Step 1
Search, find and select your deed, notice, and affidavit for real estate.
Unsure of the deed you need?
Click here, schedule a consultation, and let our real estate attorneys help you decide.
Step 2
Create an account, fill out a quick form, and then schedule your paid 15-minite attorney consultation.
Step 3
We will deliver a notary ready deed, notice or affidavit within 24 hours after you have provided all the necessary information
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