New York Assignment of Mortgage
NEW YORK ASSIGNMENT OF MORTGAGE
Before you use this: Choose one § 275(3) route below. A secondary mortgage market assignment uses the exact statutory statement. Another assignment needs the sworn statement signed by a knowledgeable mortgagor or other transaction party and recorded with this instrument. Do not use an assignment to disguise payment and discharge of a mortgage.
Prepared by: [NAME AND ADDRESS]
Return recorded instrument to: [NAME AND ADDRESS]
New York recording county: [COUNTY]
This Assignment is made on [DATE] by [ASSIGNOR LEGAL NAME], of [ADDRESS] (Assignor), to [ASSIGNEE LEGAL NAME], of [ADDRESS] (Assignee).
Mortgage and debt
- [MORTGAGOR] executed a mortgage dated [DATE] to [ORIGINAL MORTGAGEE] on the property described in Exhibit A at [ADDRESS, COUNTY], New York. The mortgage was recorded in the [COUNTY] County Clerk's Office on [DATE] as instrument [NUMBER], liber [NUMBER], page [NUMBER].
- The mortgage secures a [NOTE / OTHER OBLIGATION] dated [DATE] made by [OBLIGOR] to [PAYEE] in the original principal amount of [AMOUNT]. Its known modifications are listed in Exhibit B.
- Assignor acquired the mortgage through [DESCRIBE RECORDED CHAIN]. The relevant instrument was recorded on [DATE] as [REFERENCE]. Assignor represents that it owns the mortgage interest and is authorized to assign it.
Assignment
For consideration acknowledged as received, Assignor assigns to Assignee all of its right, title, and interest in the identified mortgage and the bona fide obligation it secures, together with related rights under the loan documents. The parties will separately complete any required note endorsement, delivery, or other transfer step; those items are recorded in Exhibit C. This instrument is an assignment, not a satisfaction or release.
Section 275(3) statement — retain one route
☐ Secondary mortgage market transaction. This assignment is in a lender trading or selling mortgages on the secondary market transaction described in N.Y. Real Prop. Law § 275(2)(a)(i). The following sentence is part of this assignment:
This assignment is not subject to the requirements of section two hundred seventy-five of the Real Property Law because it is an assignment within the secondary mortgage market.
☐ Other transaction. The sworn statement below is part of this assignment and will be recorded with it. The signer is ☐ the mortgagor or ☐ another party to this transaction with personal knowledge of the stated facts.
Sworn statement: I, [FULL NAME], am [MORTGAGOR / TITLE AND TRANSACTION PARTY]. I have personal knowledge from [STATE BASIS]. I state under oath that Assignee is not acting as a nominee of Mortgagor and that the mortgage identified above continues to secure a bona fide obligation. The factual basis is [STATE LOAN AND TRANSFER FACTS].
Statement signer: [SIGNATURE] Date: [__/__/____]
Printed name and capacity: [________________________________]
Jurat for sworn statement: Sworn to before me on [DATE] by [STATEMENT SIGNER].
Notary signature: [________________________________] Commission details and seal: [________________________________]
Execution
Assignor: [LEGAL NAME]
By: [SIGNATURE] Date: [__/__/____]
Printed name and capacity: [________________________________]
Assignee acceptance, if required by the transaction: [LEGAL NAME]
By: [SIGNATURE] Date: [__/__/____]
Printed name and capacity: [________________________________]
Acknowledgment of Assignor's execution for recording: [INSERT AND COMPLETE THE APPLICABLE NEW YORK ACKNOWLEDGMENT CERTIFICATE.]
Exhibit A — Legal description
[COPY THE COMPLETE LEGAL DESCRIPTION AND IDENTIFY ITS SOURCE RECORD.]
Exhibit B — Recorded chain and modifications
| Instrument and parties | Execution date | Recording date | Instrument, liber and page |
|---|---|---|---|
| [DESCRIPTION] | [DATE] | [DATE] | [REFERENCE] |
Exhibit C — Loan-document delivery record
| Document or item | Original or copy | Delivered to | Date and method |
|---|---|---|---|
| [DESCRIPTION] | [ORIGINAL / COPY] | [NAME] | [DATE / METHOD] |
Sources and references
About this template
- Last updated
- October 17, 2026
- Citations checked
- October 17, 2026
- Jurisdiction
- New York
- Category
- Real Estate
Legal authority
- N.Y. Real Prop. Law § 275(3) (statement for recording mortgage assignment)
Real estate documents transfer ownership, define who can use a property, and record agreements between buyers, sellers, landlords, and tenants. Deeds, purchase agreements, leases, and easements have to be drafted to meet state recording requirements, and mistakes show up at closing or years later in title disputes. Good real estate paperwork moves transactions forward quickly and avoids the kind of problems that only surface when it is time to sell or refinance.
Not legal advice
This template is provided for informational purposes. We recommend having an attorney review any legal document before signing, especially for high-value or complex matters.
Checked against the law it cites
A reviewer verified this template's legal citations against the official source on October 17, 2026.
N.Y. Real Prop. Law § 275(3) (checked October 17, 2026): "in order to record an assignment of a mortgage there must be set forth in the assignment document or attached thereto and recorded as part thereof a statement under oath"
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