                                 CODE OF VIRGINIA

PROTECTION OF ASSIGNEES OR TRANSFEREES OF DEBTS SECURED BY REAL ESTATE; FORM OF
CERTIFICATE OF TRANSFER (§ 55.1-336)

Whenever a debt or other obligation secured by a deed of trust, mortgage, or
vendor&#8217;s lien on real estate has been assigned, the assignor or the
assignee, at its option, may cause the instrument of assignment to be recorded
in the clerk&#8217;s office of the circuit court where such deed of trust,
mortgage, or vendor&#8217;s lien 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&#8217;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&#8217;s Office of the Circuit Court of the ________ of ________,
Virginia
		Date of [Deed of Trust/Mortgage/Vendor's Lien]: ________,
		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
Lien], hereby certifies that the obligations secured thereby have been assigned
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 § 55.1-318 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 &#8220;assigned&#8221; 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 order to transfer to an assignee the benefit of the
security provided by the deed of trust, mortgage, or vendor&#8217;s lien.

HISTORY: 1994, c. 806, § 55-66.01; 1995, c. 807; 1997, c. 205; 2019, c. 712.