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An instrument in which a mortgage holder transfers his interest
in a mortgage to another.
The document must have the following information:
- First party (assignor) KRS 382.290
- Second party (assignee) and their mailing address per KRS
382.290(5), KRS 382.430(2), KRS 382.335
- Name of the party(ies) that executed the original mortgage
KRS 382.290
- The mortgage book and page reference where the mortgage is
lodged for record (KRS 382.290)
- Preparation statement KRS 382.335
The
clerk shall request a return mail address (KRS 382.240)
The document must be
signed by the assignor and notarized. (KRS 382.290(2)).
Indexing information: The document is indexed
in the general index to deeds and mortgages. The assignor is the first
party. The assignee
is the second party.
At the option of the clerk, the document may
be linked to its respective referenced instrument in the indexing
system (KRS 382.290 (5), or make a marginal entry or notation.
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for Fee Schedule
*Note:
Blanket assignments, where more than one reference is being
assigned in the same document, require an additional fee of $3.00
for each additional reference in order that the clerk may make the
notation in his records, KRS 382.290 & KRS 64.012.
IMPORTANT NOTE: The legal holder of the
instrument is the only entity that can record an assignment. |