Posted on October 2, 2010.
I just bought the property and its registration as TDAR - Trust Deed and the assignment of rent, why its like thata I just bought this property in San Jose, CA, I 30YR FHA fixed rate loan, why the county recorder there is transfer of renta
what does that meana
I never sign any document that lease keyword, btw it foreclosure home
At one time the housing authority was involved, they literally affect the amount of rent you can charge if you rent to a tenant of Article 8.
Are you sure you're not in right nowa
Did you buy that investment propertya Assignment of rent means that if you rent, the rent must go to the first mortgage payment. Normally only done on the non-owner occupied.
The lender usually record an assignment of rents when you buy an investment property. He assigns their right to collect rent in case of default.
Interesting ... is your farma Is it a separate document from there included in the deed of trusta
Maybe it was just the doc useda I would call my lender and ask for an explanation.