Assignment of Mortgage
An assignment of mortgage transfers the mortgagee's interest to a new holder and is typically recorded to preserve priority and provide public notice. NYC publishes separate recording fee rules for assignments, including additional fees when multiple mortgages are recited.
- Where it applies
- New York City
- When it comes up
- Post-closing servicing; loan sale/transfer
- Property types
- Mortgaged property (all types)
Title and Recording
- Bargain and Sale Deed (With Covenant Against Grantor's Acts)
- Bona Fide Purchaser (BFP)
- Borough-Block-Lot (BBL)
- Chain of Title
- City Register
- Condominium Common Charge Lien
- Consideration
- Conveyance
- Cover Page (NYC Recording)
- Deed
General information, not legal, tax or financial advice.