Whenever a debt or other obligation secured by a deed of trust, mortgage, or vendor'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's office of the circuit court where such deed of trust, mortgage, or vendor'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'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:\nCERTIFICATE OF TRANSFER\nPlace of Record:\nClerk's Office of the Circuit Court of the ________ of ________, Virginia\nDate of [Deed of Trust/Mortgage/Vendor's Lien]: ________,\nDeed Book ________, Page ____\nName of Obligor or ace of Record:\nClerk's Office of the Circuit Court of the ________ of ________, Virginia\nDate of [Deed of Trust/Mortgage/Vendor's Lien]: ________,\nDeed Book ________, Page ____\nName of Obligor or Maker:\n________________\nNames(s) of Trustee(s) [if a Deed of Trust]:\n________________\n________________\nName of Original Payee or Obligee:\n________________\nOriginal Amount Secured [if applicable]: $____\nThe 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 ______\n________________\n[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:\n________________\n________________ ]\nGiven under (my/our) hand(s) as of the ______ day of ________, ____.\n________________\n(Assignor)\n______ of ______\nCounty/City of ________, to wit:\nSubscribed, sworn to, and acknowledged before me by ________ this ______ day of ________, 20__.\nMy Commission Expires: ________\n________________\nNotary Public\nNotary ty/City of ________, to wit:\nSubscribed, sworn to, and acknowledged before me by ________ this ______ day of ________, 20__.\nMy Commission Expires: ________\n________________\nNotary Public\nNotary Registration Number: ________\nFor purposes of this section, the word 'assigned' 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's lien.\n1994, c. 806, § 55-66.01; 1995, c. 807; 1997, c. 205; 2019, c. 712.
Virginia Legal Code