Last reviewed 08-20-2026Short-Sale.com Editorialglossary
ASSIGNMENT OF RENTS
California Department of Real Estate
Updated 08-20-2026
ASSIGNMENT OF RENTS
A provision in a deed of trust (or mortgage) under which the beneficiary may, upon default by the trustor, take possession of the property, collect income from the property and apply it to the loan balance and the costs incurred by the beneficiary.
California Department of Real Estate Glossary
California Department of Real Estate · p. 4
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