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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>80410</law_id><section_number>55.1-336</section_number><catch_line>Protection of assignees or transferees of debts secured by real estate; form of certificate of transfer</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>55.1-318</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="55.1">Property and Conveyances</unit><unit label="subtitle" level="2" order_by="1" identifier="I">Property Conveyances</unit><unit label="chapter" level="3" order_by="1" identifier="3">Form and Effect of Deeds and Covenants; Liens</unit><unit label="article" level="4" order_by="1" identifier="2">Form and Effect of Deeds of Trust; Sales Thereunder; Assignments; Releases</unit></structure><text>
						<section><p>Whenever a debt or other obligation secured by a deed of trust, mortgage, or vendor&#x2019;s <span class="dictionary">lien</span> on real estate has been <span class="dictionary">assigned</span>, the assignor or the assignee, at its option, may cause the instrument of assignment to be recorded in the clerk&#x2019;s office of the <span class="dictionary">circuit</span> <span class="dictionary">court</span> where such deed of trust, mortgage, or vendor&#x2019;s <span class="dictionary">lien</span> is recorded, provided that such instrument is otherwise in recordable form, or may cause a certificate of transfer signed by the assignor to be recorded in such clerk&#x2019;s office, and such instrument of assignment or certificate of transfer, upon recordation, shall operate as a notice of such assignment. The instrument of assignment or certificate of transfer shall be indexed in the name of the assignor and in the names of the obligor or maker, and the trustees, as applicable, all of whose names shall be set forth in such instrument or certificate. The certificate of transfer shall conform substantially to the following:
		CERTIFICATE OF TRANSFER
		Place of Record:
		Clerk&#x2019;s Office of the <span class="dictionary">Circuit</span> <span class="dictionary">Court</span> of the ________ of ________, Virginia
		Date of [Deed of Trust/Mortgage/Vendor's <span class="dictionary">Lien</span>]: ________,
		Deed Book ________, Page ____
		Name of Obligor or Maker:
		________________
		Name(s) of Trustee(s) [if a Deed of Trust]:
		________________
		________________
		Name of Original Payee or Obligee:
		________________
		Original Amount Secured [if applicable]: $____
		The undersigned, the original payee or obligee [or the subsequent assignee] of the obligation secured by the above-mentioned [Deed of Trust/Mortgage/Vendor's <span class="dictionary">Lien</span>], hereby certifies that the obligations secured thereby have been <span class="dictionary">assigned</span> to ______
		________________
		[If a credit line deed of trust, the name and address to which notice may be mailed or delivered to the Noteholder as provided by &#xA7;&#xA0;<a class="law" title="Credit line deed of trust defined; relative priority of credit line deed of trust and other instruments of judgment" href="/55.1-318/">55.1-318</a> is as follows:
		________________
		________________ ]
		Given under (my/our) hand(s) as of the ______ day of ________, ____.
		________________
		(Assignor)
		______ of ______
		County/City of ________, to wit:
		Subscribed, sworn to, and acknowledged before me by ________ this ______ day of ________, 20__.
		My Commission Expires: ________
		________________
		Notary Public
		Notary Registration Number: ________
		For purposes of this section, the word &#x201C;<span class="dictionary">assigned</span>&#x201D; includes endorsed, pledged, hypothecated, or otherwise transferred. Nothing in this section shall be deemed to invalidate any other form or notice of assignment that may have been recorded prior to July 1, 1994. Nothing in this section shall imply that recordation of the instrument of assignment or a certificate of transfer is necessary in <span class="dictionary">order</span> to transfer to an assignee the benefit of the security provided by the deed of trust, mortgage, or vendor&#x2019;s <span class="dictionary">lien</span>.</p></section></text><history>1994, c. 806, &#xA7; 55-66.01; 1995, c. 807; 1997, c. 205; 2019, c. 712.</history><metadata></metadata></law>
