Des Moines, WA · King County
Assignment Of Funds
This form assigns funds held by a bank to secure required project work and address property damage; the applicant and bank complete and sign it for the City of Des Moines.
- licensed online notary
- ~15 min average
- Notarized PDF emailed
What you’ll need
- Government-issued photo ID
- Webcam-enabled device (laptop or phone)
- This form, ready to upload as a PDF
What this form is
The Assignment of Funds identifies a development project, the bank account funds being assigned, and the work those funds secure. The applicant agrees to perform the required work, while the bank agrees not to release the funds without written city instructions and to pay the city if it gives notice that the work was not completed on time or properly performed.
Who needs it
An applicant and its bank complete this form when funds are assigned to secure required work connected with a project in Des Moines.
Why it needs a notary
The form has separate acknowledgment blocks for the applicant and bank signers; each person signing the instrument should sign before the notary.
How to get this notarized
- 1
Download the Form
Get the Assignment of Funds form from the City of Des Moines.
- 2
Complete the Form
Enter the project, location, bank, applicant, account, funds, and required work information.
- 3
Book an Online Notary
Arrange a remote appointment with a commissioned online notary for the applicant and bank signers.
- 4
Sign on Video
Sign the instrument during the video session and complete the applicable acknowledgment blocks.
- 5
Submit to the City
Send the completed form to the City of Des Moines as directed.
Preview the form
The blank PDF straight from Des Moines. Look it over, then upload your filled copy to start the notary session.
You’ll need ID and a webcam.
A licensed online notary will join you on video, verify your government-issued ID, witness your signature, and apply their seal. You’ll receive the notarized PDF by email when the session ends.
Frequently asked questions
- How do I get the Assignment of Funds notarized?
- Complete the form, book an appointment with a commissioned online notary, and sign during the video session. Submit the completed form to the City of Des Moines.
- Do I need both the applicant and bank signatures notarized?
- The form provides separate acknowledgment blocks for the applicant and bank signers. Confirm with the city or town if unsure which signers must appear.
- Can I use an online notary for this form?
- Washington authorizes its notaries to perform remote online notarizations under RCW 42.45.280. An authorized notarial act performed in another state has the same effect under RCW 42.45.090.
- What does the Assignment of Funds do?
- It identifies funds held by a bank to secure required project work and address real property damage. The bank agrees to release funds only with written city instructions and to pay the city following specified written notice.
Assignment Of Funds in other King County cities
Each city publishes its own version of this form. Pick the city where you’re filing.