Assignment of Rents

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January 1, 1 6 min read Definitions
Assignment of Rents
Assignment of Rents Mortgage Default Rental Income Real Estate Lenders Tenant Agreements Real Estate Financing Default Remedies Rental Property Management
An assignment of rents is a legal agreement transferring the right to collect rent or income generated by a property from the borrower to the lender in the event of a default on the mortgage.
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