Notice and Acknowledgement of Assignment
This Notice of Assignment (and subsequent Acknowledgement) complements our Deed of Assignment of Loan. It is produced here as a standalone document, however it is also included as a schedule in our Deed of Assignment of Loan.
Once a lender assigns its rights under a loan agreement to a new lender, notice of this must be served on the borrower to alert them to the assignment. Failure to serve notice will mean that a legal assignment is not created. This template includes the form of notice that should be served on the borrower and the form of acknowledgement that the borrower may return acknowledging the assignment and the “new” lender.
This document is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.
Once you have purchased access to the appropriate document folder click on the "Download Document" button below. You will be asked what you want to do with the file. It is recommended that you save the document to a location of your choice prior to viewing.