Ƶ

All Countries
Real Estate
Deed Of Assignment Mortgage

Deed Of Assignment Mortgage Template for Philippines

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Deed Of Assignment Mortgage

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Deed Of Assignment Mortgage

"I need a Deed of Assignment of Mortgage for transferring a residential property mortgage from ABC Bank to XYZ Bank in Manila, with the assignment to take effect from March 1, 2025; the original mortgage value is 5 million Philippine Pesos."

Celebrated by
Collaborations with
Investors
Document background
The Deed of Assignment of Mortgage is a crucial document in Philippine property and finance law, used when transferring mortgage rights between parties. This document is commonly used in scenarios such as bank portfolio sales, debt restructuring, or when financial institutions reorganize their mortgage holdings. The deed must comply with specific requirements under Philippine law, including the Civil Code of the Philippines and the Property Registration Decree. It needs to be properly executed, notarized, and registered with the Registry of Deeds to be effective. The document typically includes comprehensive details about the original mortgage, the property involved, the outstanding debt, and the terms of assignment. It's particularly important in the banking sector where mortgage assignments are common during asset sales or securitization transactions.
Suggested Sections

1. Parties: Identifies and provides full details of the Assignor (current mortgagee) and Assignee (new mortgagee), including their legal capacity to enter into the agreement

2. Background: Recitals describing the original mortgage, the property details, and the intention to assign the mortgage

3. Definitions: Defines key terms used throughout the deed, including 'Mortgage', 'Property', 'Secured Obligations', and 'Assignment Date'

4. Assignment: Core provision that effects the transfer of the mortgage and all associated rights from Assignor to Assignee

5. Consideration: States the amount paid by the Assignee to the Assignor for the assignment

6. Assignor's Representations and Warranties: Warranties regarding ownership of the mortgage, absence of prior assignments, and validity of the underlying mortgage

7. Completion Requirements: Steps to be taken to complete the assignment, including registration requirements and delivery of documents

8. Notice to Mortgagor: Provisions regarding notification of the assignment to the original mortgagor

9. Costs and Expenses: Allocation of costs related to the assignment, including registration fees and taxes

10. Governing Law and Jurisdiction: Specifies Philippine law as governing law and designates jurisdiction for disputes

11. Execution: Formal execution block including notarization requirements under Philippine law

Optional Sections

1. Further Assurance: Additional commitments by the Assignor to execute further documents if needed - include when the assignment involves complex property rights

2. Tax Provisions: Specific provisions regarding tax implications - include when the assignment has significant tax consequences

3. Security Provisions: Additional security arrangements - include when supplementary security is being provided

4. Mortgagor's Consent: Section for mortgagor's acknowledgment - include when mortgagor's consent is required or obtained

5. Power of Attorney: Grants power to Assignee to deal with property-related matters - include when direct authority is needed

6. Bank Provisions: Special provisions required by banking regulations - include when either party is a banking institution

Suggested Schedules

1. Schedule 1 - Property Details: Detailed description of the mortgaged property, including title information and location

2. Schedule 2 - Original Mortgage: Copy or details of the original mortgage deed being assigned

3. Schedule 3 - Outstanding Amount: Statement of the outstanding mortgage amount and payment details

4. Schedule 4 - Required Documents: List of documents to be delivered upon completion

5. Appendix A - Form of Notice to Mortgagor: Template for the formal notice to be sent to the mortgagor

6. Appendix B - Registration Requirements: Checklist of requirements for registration with the Registry of Deeds

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions










































Clauses


































Relevant Industries

Banking

Financial Services

Real Estate

Property Development

Mortgage Lending

Legal Services

Insurance

Investment Management

Asset Management

Corporate Finance

Relevant Teams

Legal

Real Estate

Finance

Compliance

Risk Management

Credit Administration

Corporate Banking

Mortgage Operations

Documentation

Property Management

Asset Management

Treasury

Relevant Roles

Legal Counsel

Corporate Lawyer

Real Estate Manager

Mortgage Officer

Banking Officer

Finance Manager

Property Manager

Compliance Officer

Risk Manager

Asset Manager

Portfolio Manager

Credit Officer

Legal Documentation Specialist

Real Estate Attorney

Banking Executive

Treasury Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Deed Of Assignment In (Construction)

A Philippine law-governed document that transfers construction contract rights and obligations from one contractor to another, ensuring legal compliance and continuity of construction projects.

find out more

Assignment Of Beneficial Interest In Property

A Philippine law-compliant document transferring beneficial ownership rights in property from one party to another, while maintaining separate legal title.

find out more

Deed Of Assignment Motor Vehicle

A Philippine legal document that facilitates the transfer of motor vehicle ownership from one party to another, complying with local transportation laws and LTO requirements.

find out more

Deed Of Assignment Life (Insurance)

A Philippine law-governed document that legally transfers ownership or benefits of a life insurance policy from one party to another, complying with local insurance regulations and requirements.

find out more

Deed Of Assignment Of Partnership Interest

A Philippine law-governed deed that formalizes the transfer of partnership interest from one party to another, including all associated rights and obligations.

find out more

Deed Of Assignment Of Goodwill

A Philippine law-governed document that formally transfers business goodwill and associated intangible assets from one party to another.

find out more

Deed Of Assignment Transfer Of Ownership

A Philippine law-governed document that legally transfers ownership rights from an Assignor to an Assignee, including all necessary provisions for valid property transfer.

find out more

Deed Of Assignment Of Rental Income

A Philippine law-governed document that transfers rights to rental income from a property owner to another party, typically used in financing arrangements.

find out more

Deed Of Assignment Of Property

A formal legal document under Philippine law that transfers property ownership rights from an assignor to an assignee, requiring notarization and proper registration.

find out more

Deed Of Assignment Mortgage

A Philippine law-governed document that transfers mortgage rights and interests from one party to another, including all associated rights and obligations under the original mortgage.

find out more

Deed Of Assignment Loan Agreement

A Philippine law-governed document that transfers loan rights and obligations from one lender to another, including associated security interests and enforcement rights.

find out more

Deed Of Assignment Contract

A Philippine law-governed document that legally transfers rights, property, or assets from an Assignor to an Assignee, requiring proper execution and notarization under local regulations.

find out more

Deed Of Assignment By Way Of Transfer

A formal legal document under Philippine law that transfers complete ownership rights in property from an Assignor to an Assignee.

find out more

Deed Of Rental Assignment

A Philippine legal document that transfers rental rights and obligations from an existing tenant to a new tenant, subject to Philippine property law and requiring proper notarization.

find out more

Deed Of Conveyance And Deed Of Assignment

A Philippine legal document that transfers property ownership and rights from one party to another, requiring notarization and registration under Philippine law.

find out more

Deed Of Assignment With Waiver Of Rights

A Philippine law-compliant legal document that transfers rights or property from one party to another while including an explicit waiver of specific rights by the transferring party.

find out more

Deed Of Assignment With Assumption Of Mortgage

A Philippine law-governed deed that transfers property ownership and existing mortgage obligations from one party to another, with the mortgagee's consent.

find out more

Deed Of Assignment Of Tenancy

A Philippine law-compliant document that transfers tenancy rights and obligations from an existing tenant to a new tenant with landlord's consent.

find out more

Deed Of Assignment Of Stock Subscription

A Philippine law-governed document that transfers stock subscription rights from one subscriber to another, compliant with local corporate regulations.

find out more

Deed Of Assignment Of Rental Proceeds

A Philippine law-governed deed that transfers the right to receive rental payments from a property owner to another party, typically used in financing arrangements or property management.

find out more

Deed Of Assignment Of Receivables

A Philippine law-governed document that transfers rights to receive payment from one party to another, including terms and conditions of the transfer.

find out more

Deed Of Assignment And Transfer Of Rights

A legal instrument under Philippine law that transfers ownership rights from an Assignor to an Assignee, requiring formal execution and potentially government registration.

find out more

Deed Of Assignment And Assumption

A Philippine law-governed document that formally transfers rights and obligations from an Assignor to an Assignee, requiring notarization and possible registration with relevant authorities.

find out more

Deed Of Absolute Assignment

A Philippine legal document that permanently transfers ownership rights from an Assignor to an Assignee, requiring notarization and compliance with local property laws.

find out more

Confirmatory Deed Of Assignment

A legal document under Philippine law that confirms and reinforces a previous assignment of rights, property, or interests between parties.

find out more

Assignment Of Lease Deed

A Philippine legal document that transfers lease rights and obligations from an existing tenant to a new tenant, subject to Philippine civil law and requiring landlord consent.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.