Assignment Of Mortgage Document Generator for Germany

1. Partial Assignment: Required when only a portion of the mortgage is being assigned

2. Underlying Loan Agreement: Reference to and treatment of the underlying loan agreement when relevant to the assignment

3. Multiple Properties: Additional provisions when the mortgage covers multiple properties

4. Conditions Precedent: Any conditions that must be met before the assignment becomes effective

5. Security Handover: Provisions regarding the transfer of physical mortgage certificates if applicable

6. Bank Consent: Required when the original mortgage agreement requires bank consent for assignment

7. Further Assurance: Obligations to execute additional documents or take further steps if needed for registration

1. Property Description Schedule: Detailed property description as per Land Register, including plot numbers and registry details

2. Mortgage Details Schedule: Complete details of the mortgage being assigned, including registration number and priority notice details

3. Original Mortgage Deed: Copy of the original mortgage deed (Grundschuldbrief) as registered

4. Land Register Extract: Current extract from the Land Register (Grundbuchauszug) showing the mortgage registration

5. Payment Details: Schedule containing bank account and payment information for the assignment consideration

6. Required Notices: Forms of notices required to be sent to relevant parties (e.g., property owner, other creditors)