Corporate Assignment Forms: Original Principal Amount Added

This is not legal advice for your situation*

Written by Renee Smith Cleary

Due to customer requests, the DocMagic Corporate Assignment forms have been updated to include the following verbiage above the signature lines: "The original principal amount due under this note(s) is $[loan amount]." This language appears above the signature lines.

Please note that this change applies to DocMagic forms only and does not necessarily affect investor-specific Corporate Assignment forms.

Renee Smith Cleary is Assistant General Counsel of Document Systems, Inc. and a member of its Compliance Department.

*This article is distributed to provide general information about the subject matter covered and should not be utilized as a substitute for professional advice in specific situations. If you require such advice, please consult with your own professional advisers.