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Assignment of Rents/Leases Endorsement

The Assignment of Rents/Leases Endorsement provides the lender with additional coverage when the collateral for the loan being insured also includes rental property secured by a document assigning rental income and leases to the lender. This endorsement insures that there is no defect in the execution of the Assignment of Rents and/or Leases and that there is no prior assignment of rents of record.