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  • Assignment of Rents This Deed of Assignment Made at

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    VIRTUAL WORLD
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    This document is an assignment of rents between an assignor and assignee. The assignor sold a property to the assignee and agreed to transfer all rents owed by tenants prior to the sale date. In consideration for payment, the assignor assigns all rights, title, and interest in back rents detailed in an attached schedule to the assignee. The assignor also covenants that no rents have been paid or forgiven and agrees to assist the assignee in collection.

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    Assignment of Rents

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    This document is an assignment of rents between an assignor and assignee. The assignor sold a property to the assignee and agreed to transfer all rents owed by tenants prior to the sale date. In consideration for payment, the assignor assigns all rights, title, and interest in back rents detailed in an attached schedule to the assignee. The assignor also covenants that no rents have been paid or forgiven and agrees to assist the assignee in collection.

    Copyright:

    © All Rights Reserved
    Download as RTF, PDF, TXT or read online from Scribd
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    Download as rtf, pdf, or txt
    53 views2 pages

    Assignment of Rents This Deed of Assignment Made at

    Uploaded by

    VIRTUAL WORLD
    This document is an assignment of rents between an assignor and assignee. The assignor sold a property to the assignee and agreed to transfer all rents owed by tenants prior to the sale date. In consideration for payment, the assignor assigns all rights, title, and interest in back rents detailed in an attached schedule to the assignee. The assignor also covenants that no rents have been paid or forgiven and agrees to assist the assignee in collection.

    Copyright:

    © All Rights Reserved
    Download as RTF, PDF, TXT or read online from Scribd
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    of 2

    ASSIGNMENT OF RENTS

    THIS DEED OF ASSIGNMENT made at …………… on this……………day of ……20 …


    Between A son of Shri ……resident of ……… (hereinafter called the Assignor) of the ONE PART
    and Mrs. B, wife of Shri ……………resident of …………(hereinafter called the Assignee) of the
    OTHER PART
     
    WHEREAS
     
    (1) The assignor has sold and conveyed his house bearing sold house municipal No …………
    on ....... road ……………city to Mrs. B wife of Shri ……………resident of……………..
    by deed of sale dated……………and registered on …………subject to the existing tenancies
    of persons named in the Schedule hereunder written.
     
    (2) The aforesaid tenants have not paid rent of the premises for various periods, prior to the
    date of the said sale and it has been agreed by and between the assignor and the assignee that
    the assignor shall transfer and assign unto, and to the use of the said assignee all rents payable
    by all such tenants accrued upto the date of sale.
     
    NOW THIS DEED OF ASSIGNMENT witnesses that in pursuance of the said agreement and in
    consideration of the sum of Rs . ............. paid by the assignee, (the receipt whereof the said
    assignor hereby admit and acknowledges), the said assignor as the beneficial and sole owner
    do hereby assign and transfer unto and in favour of the assignee, all his right, title and interest
    to the various sums of rents due and owing to the assignor by the tenants of the said house for
    the period prior to the sale of the said house to the assignee as aforesaid more particularly
    detailed in the Schedule hereunder written and all the benefits, advantages, accruing therefrom
    and all rights and privileges attached thereto, to hold the same unto the assignee absolutely and
    this indenture further witnesses that the assignor do hereby covenant with the assignee that all
    and every item of such rents are still lawfully due and payable by -the said. respective tenants
    AND the said assignor has not received any advance against such rents nor any part payment
    nor released or committed to release or remit the same or any portion thereof nor written off any
    amount with intent to exonerate any tenant or FSSFS any thing to prejudice the right of the
    assignee as transferee thereof to recover the said rents absolutely, AND FURTHER there is no
    injunction or prohibitory order from any court against him from recovering the rents or any
    portion thereof and further that the assignor hereby agree and undertake that, he shall write
    letters of attainment to the respective tenants in favour of the assignee and on the request of the
    assignee, he shall do all acts and make such writings or statements as. shall be necessary to
    effectuate this assignment
     
    IN WITNESS WHEREOF the parties hereto have hereunto set and subscribed their respective
    hands, the day and year first hereinabove written.
    The Schedule above referred to
    S. Name of Description, Monthly Period for Total amount
    No. the tenant of the tenement rent which rent of rent due
    due
    1 2 3 4 5 6
               
               
               

    WITNESSES

    1. Signed and delivered by A, the withinnamed assignor

    2. Signed and delivered by Mrs. B, the withinnamed assignee

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