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: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics