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http://digitalcommons.law.yale.edu/cgi/viewcontent.cgi?article=3450&context=ylj
(3) A transferor by delivery who negotiates a bill, thereby warrants to. his immediate transferee, being a holder for value, that the bill is what it. purports to be, that he has a right to transfer it, and that at the time of. transfer he is not aware of any fact which renders it valueless.".Author: William E. Britton
https://digitalcommons.law.yale.edu/cgi/viewcontent.cgi?article=3570&context=ylj
negotiable instrument by delivery or qualified indorsement, in pay- ment of a contemporaneous obligation of the transferor, operates as a discharge of such obligation, even though the instrument be subsequently dishonored by the primary obligor thereon.Author: William E. Britton
https://www.jstor.org/stable/790207
term "transferor" is used to include the transferor by delivery and the qualified indorser, or indorser without recourse, and to exclude the transferor who is an unqualified indorser. The term "vendor" is used as a synonym for "transferor," as above de-fined. So also is the term "seller" used as a synonym for "ven-dor" and "transferor."
https://business.laws.com/negotiable-instruments/liability/transfer-warranties
Dec 22, 2019 · The transferor, by transferring any negotiable instruments, is establishing the transfer warranty that he or she is the holder of those instruments or otherwise has the rights of a holder with regard to those instruments.
https://servicing-guide.fanniemae.com/THE-SERVICING-GUIDE/Part-A-Doing-Business-with-Fannie-Mae/Subpart-A2-Getting-Started-with-Fannie-Mae/Chapter-A2-7-Servicing-Transfers/A2-7-03-Post-Delivery-Servicing-Transfers/1581707851/A2-7-03-Post-Delivery-Servicing-Transfers-09-18-2018.htm
The storage format of the individual mortgage loan files must be in accordance with Selling Guide A2-5.1-03, Electronic Records, Signatures, and Transactions. For specific information that must be delivered by the transferor servicer to the transferee servicer, see also F-1-11, Post-Delivery Servicing Transfers.
https://www.law.cornell.edu/ucc/3/3-203
(a) An instrument is transferred when it is delivered by a person other than its issue r for the purpose of giving to the person receiving delivery the right to enforce the instrument. (b) Transfer of an instrument , whether or not the transfer is a negotiation, vests in the transferee any right of the transferor to enforce the instrument,...
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