For a discussion of assignment of judgments, see section 27.105 in this chapter.
[Caption. See § 3 of the Introduction in volume 1 of this manual.]
Assignment of Judgment and Judgment Lien
For valuable consideration, the receipt and adequacy of which are hereby acknowledged, [name of assignor], Assignor, transfers and assigns to [name of assignee], Assignee, all of Assignor’s right, title, and interest in the hereinafter described judgment and any judgment liens created thereby:
Court and county: [designation and location of court]
Cause No. [number], “[style of case]”
Date and amount of judgment: [date], in the amount of $[amount]
Assignor makes no representation, warranty, or guaranty as to the collectibility or validity of the judgment assigned, and in the case of nonpayment or noncollectibility of the assigned judgment, no recourse shall be had against Assignor, except, however, that Assignor expressly warrants that it is the owner and holder of the judgment and judgment lien assigned herein.
Executed on [date].
[Name of assignor]
By:
[Title]
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The assignment must be acknowledged or sworn to in the form required for acknowledgment or swearing of deeds. Tex. Prop. Code § 12.014. A short-form certificate of acknowledgment for a corporation follows as an example. See Tex. Civ. Prac. & Rem. Code § 121.007 for a form of ordinary certificate of acknowledgment and § 121.008 for additional short-form certificates of acknowledgment. |
ACKNOWLEDGMENT
State of Texas)
County of)
This instrument was acknowledged before me on ____________ by [name of officer], [title of officer] of [name of assignor] corporation, on behalf of said corporation.
Notary Public, State of Texas