Parties
Full legal names of assignor and assignee, including entity type and state of formation where applicable, to avoid ambiguity in title and recording systems.
A complete ASTP-SC creates an auditable record of the transfer, reduces title risk, and clarifies post-transfer obligations between assignor and assignee. Using a clear template helps avoid disputes about effective dates, consideration, and responsibilities when multiple parties or lenders are involved.
Common parties who prepare, review, or sign the ASTP-SC include brokers, closing agents, lenders, assignors, assignees, and title officers.
Each participant has specific responsibilities: originators prepare, title reviews, and authorized signers complete execution and notarization where required.
A licensed broker or their authorized representative often prepares the ASTP-SC and may sign on behalf of a corporate principal if corporate authorization is documented. The broker's role includes confirming buyer/seller identity and delivering the signed assignment to title or escrow.
A title officer or escrow agent typically accepts the executed ASTP-SC, reviews supporting documents for recording, and ensures any lender consents or releases required by the mortgage are present before recording or closing.
Full legal names of assignor and assignee, including entity type and state of formation where applicable, to avoid ambiguity in title and recording systems.
Precise property identifier such as street address, parcel number or legal description used by the county recorder to ensure the assignment binds the correct property.
A stated dollar amount or description of value exchanged; avoid vague terms and include any escrow or contingent payment schedules tied to the assignment.
The date when rights transfer to the assignee; this date governs obligations, tax treatment, and statute of limitations for disputes.
Simple warranties from assignor about authority to assign, absence of undisclosed liens, and any required consents from lenders or co-owners.
Clear direction for recordation, including county recorder name, who pays recording fees, and whether a separate deed or supplemental instrument must be recorded.
| Field | Configuration |
|---|---|
| Signer Authentication | Email + SMS code or ID verification |
| Order of Signing | Set assignor before assignee before title |
| Required Attachments | Corporate resolutions, consents, prior assignment |
| Recording Markup | Include recorder copy and cover sheet |
Choose a platform that supports secure signing, audit trails, and the file formats your title or recorder accepts.
Ensure the platform can produce an immutable audit trail and retains signed records in encrypted storage to satisfy recordkeeping and evidentiary needs.
Deliver executed assignment to title/escrow within 3–7 business days
Record instrument per contract or lender timing; often at or soon after closing
Expect lender response time of 5–15 business days
Effective date affects tax and rent prorations
Retention period begins on effective or recording date
Determine whether assignment requires notary or additional witnesses
Use government ID and any required credential analysis
In-person notarization or Remote Online Notarization where authorized
Add witnesses if state law or county requires them
Notary records act, timestamp, and method of ID
Retain recording where remote notarization is used
Provide acknowledged instrument for filing
Include fees as directed in recording instructions
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Verify | Verify | Verify | Verify |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| Envelope Cap | No envelope cap | 100 envelopes/user/year | Verify | Verify | Verify |
Tim Martin, Founder at Martin Properties, streamlined assignment processing with online execution.
Brian Fitzgibbons, COO at Optica Ventures LLC, emphasized ease of use for internal teams and clients.