UCC Article 9: Federal legislation governing secured transactions, which provides rules for the creation, perfection, and enforcement of security interests in personal property
Truth in Lending Act (TILA): Federal law requiring lenders to provide standardized disclosures about terms and costs associated with the transfer of security interests
Real Estate Settlement Procedures Act (RESPA): Federal law requiring disclosure of real estate settlement costs and elimination of kickbacks and referral fees
Fair Debt Collection Practices Act (FDCPA): Federal law governing debt collection practices that may be relevant if the security deed assignment involves debt collection
State Property Laws: State-specific legislation governing real property transactions, transfers, and recordings
State Recording Requirements: State and county-specific rules for properly recording property documents and assignments
State Mortgage and Deed Laws: State-specific regulations governing the creation, assignment, and enforcement of security deeds and mortgages
State UCC Provisions: State-specific variations and implementations of the Uniform Commercial Code
Statute of Frauds: Legal requirement that certain contracts, including those involving real property, must be in writing to be enforceable
Notarization Requirements: State-specific rules for proper notarization of security deed assignments
Perfection Requirements: Legal steps necessary to make a security interest enforceable against third parties
Lien Priority Rules: Laws governing the order of priority among multiple liens on the same property
Notice Requirements: Rules regarding proper notification to all relevant parties in a security deed assignment
Transfer Tax Regulations: State and local tax implications and requirements for transferring security interests in property
MERS Requirements: Rules and procedures for assignments involving the Mortgage Electronic Registration Systems
