Skip to content

Assignment of Rents & Leases for HELOC

Answered by: 

Question: 
On a Home Equity Line of Credit secured by second home, should an Assignment of Rents & Leases be prepared?
Answer: 

You are asking a very specific legal question and the answer will depend on what exactly you are trying to take as security/collateral for the loan and State law. You need to ask this question of your legal counsel.

First published on 10/20/2014

Filed under: 
Filed under lending as: 

Search Topics