consent to assignment of contract template

Consent to Assignment: Everything You Need to Know

Consent to assignment refers to allowing a party of a contract (the assignor) to assign a contract and move the obligations to another party (the assignee). 3 min read updated on February 01, 2023

Consent to assignment refers to allowing a party of a contract to assign a contract and move the obligations to another party. The party of the existing contract, known as the assignor, will pass on the contract to another party, known as the assignee. The goal is for the assignee to take over the rights and obligations of the contract. For a contract to be assigned, the other party must be aware of what is happening.

Contract Assignments

The assignment of a contract differs depending on the type of contract and the language in the original agreement. Some contracts contain a clause that doesn't allow assignment at all, while other contracts have clauses that require the other party to consent before assignment can be finalized.

Consider the following scenario. A business owner contracts with a computer company to have a processor delivered every time a new model is released. The computer company assigns the business owner's contract to another provider. As long as the business owner is aware of the changes and still receives the processors as scheduled, his contract is now with the new computer company.

However, assigning a contract doesn't always exempt the assignor from their duties and responsibilities. Some contracts include a clause that states that even if the agreement is assigned to another party, the original parties guarantee that the terms of the contract will be fulfilled.

Unenforceable Assignments

There are a number of situations where a contract assignment won't be enforced , including:

The contract has an anti-assignment clause that can stop or invalidate any assignments.
The assignment changes the nature of the contract. An assignment that changes what is expected or impacts the performance of the contract isn't allowed. This also applies if the assignment lowers the value one party will receive or adds risk to the deal that the other party didn't originally agree to.
The assignment is against the law. In some cases, laws or public policies don't allow assignment. Many states forbid employees to assign future wages. The federal government doesn't allow the assignment of particular claims against the government. Some assignments violate public policy. For example, a personal injury claim cannot be assigned because it could lead to litigation against a party who was not responsible for the injury.

Delegation vs. Assignment

It is common for a party to sign a contract and have someone else actually fulfill his duties and do the work required by the contract. However, some contracts can't be delegated, such as when a party agrees to service done by a particular person or company. If a company contracted with Oprah Winfrey to be a keynote speaker, Oprah wouldn't be permitted to delegate her performance duties to anyone else.

If both parties agree that the work can't be delegated, they should include specific language in the original contract. This can be as simple as a clause that states, “Neither party shall delegate or assign its rights.” Both parties should agree to this clause.

How to Assign a Contract

Assigning a contract is a three-step process. First, check to see if the contract has an anti-assignment clause or if there are limitations around assignments. Sometimes clauses are straightforward with language like, “This agreement may not be assigned,” and while other times, the language is less obvious and hidden in another clause. If there is language in the contract that states it can't be assigned, the other party must consent to an assignment before you can proceed.

Second, the parties must execute an assignment . Create an agreement that transfers the rights and obligations of one party to the assignee.

Third, notify the other party of the contract. Once the contract rights have been assigned to the new party, you should notify the other party of the original contract. Providing written notice removes you from being responsible for any part of the contract unless there is language in the contract that says differently or the assignment is illegal.

Anti-Assignment Clause

As you are negotiating and writing a contract, consider whether you want the contract to be able to be assigned. If you don't want assignment to be a legally viable option, that needs to be clearly stated in the contract.

If you need help with consent to assignment, you can post your legal need on UpCounsel's marketplace. UpCounsel accepts only the top 5 percent of lawyers to its site. Lawyers on UpCounsel come from law schools such as Harvard Law and Yale Law and average 14 years of legal experience, including work with or on behalf of companies like Google, Menlo Ventures, and Airbnb.

Hire the top business lawyers and save up to 60% on legal fees

Content Approved by UpCounsel

Assignment Law
Legal Assignment
Assignment Contract Law
Assignment of Rights and Obligations Under a Contract
Assignment of Contract Rights
Assignability Of Contracts
Assignment of Rights Example
Assignment Legal Definition
What Is the Definition of Assigns
Assignment Of Contracts

Consent to assignment

Consent to assignment clause samples

3. FieldPoint’s Consent to Assignment. FieldPoint hereby consents to this assignment by Assignor to Assignee as provided in this Agreement. Such consent is expressly conditioned upon Assignee’s acknowledgment and agreement that neither this consent nor anything contained in this Agreement shall be deemed to modify, alter, amend, or waive any provisions of the Agreement.

04/11/2017 (FIELDPOINT PETROLEUM CORP)

2. Consent to Assignment. Notwithstanding any other provision of this Agreement, each party hereto hereby consents to the assignment, grant, pledge, conveyance and transfer by the other party hereto, for the benefit of any lender, agent or other secured party under any financing arrangement to which the Partnership is a party, of a lien, security interest or other encumbrance on and continuing security interest in all of such other party’s estate, title and interest in its Interest and the exercise by each such secured party of its rights and remedies in connection therewith, including, without limitation, the right to exercise the voting and consensual rights and other powers with respect to such Interest and the right to foreclose upon, or exercise a power of sale with respect to, such Interest and to cause such secured party or any third party designee or purchaser of such Interest to become an additional or substitute partner in the Partnership.

06/15/2018 (Cheniere Energy Partners, L.P.)

1. Consent to Assignment. The undersigned hereby acknowledges and consents to the assignment of the Power Plant Equipment Lease to Buyer and the assumption of the Power Plant Equipment Lease by Buyer in conjunction with Buyer’s acquisition of the Hotel. The undersigned waives any and all rights of notice relating to such assignment and any right to terminate the Power Plant Equipment Lease as a result of such assignment and any default, event of default or defense to enforceability that may otherwise arise as a result of such assignment.

09/27/2016 (Playa Hotels & Resorts B.V.)

3. Consent to Assignment. Assignor hereby consents to the admittance of Assignee as a substitute member of the Company. Assignor hereby waives all provisions, if any, in the Limited Liability Company Agreement of the Company or provided in the Delaware Limited Liability Company Act or any other applicable law, that would prohibit, delay, require notice of, grant rights in connection with, or require compliance with any other requirements in connection with, such assignment and admission.

06/29/2018 (Berry Petroleum Corp)

3.Consent to Assignment. Citi consents to the assignment and assumption of the Agreement from Polaris India to Virtusa India , and with respect to Polaris India, the assignment and assumption of any Transactional Document executed by Polaris India to Virtusa India, and Citi acknowledges the rights, responsibilities, and authority of Virtusa India as though Virtusa India were the original party under the Agreement and Transactional Documents to which Polaris India was a party. Other than as set forth above, for the other Transactional Documents to which an Affiliate of Polaris India was a party, such Transactional Documents are not assigned but rather shall now reflect the changed name of such Affiliate per the table above.

07/31/2020 (VIRTUSA CORP)

consent to assignment of contract template

Cut contract prep time in half for free

Build document automations that allow you, your staff, and your clients to auto-populate contract templates.

“ I've found it very easy to use. It allows me to work quickly, get something straight from my head and out into the public.”

Partner, Siskind Susser PC

2500 Executive Parkway Suite 300 Lehi, Utah 84043 (866) 638-3627

Level 11, 1 Margaret Street Sydney NSW 2000 Australia +61 2 8310 4319

8th Floor South Reading Bridge House George Street Reading RG1 8LS +44 20 3129 9324

Latin America

Mexico +52 55 5985 3005

Brazil +55 21 4040 4623

How to Successfully Switch Your DMS
DocuSign + NetDocuments
How Ice Miller Adopted the Cloud Completely Remote
Case Studies
Resource Library
Partner Integrations
App Directory
Locate a Partner
Partner Portal
Become a Partner

Terms of Use
Privacy policy
Cookie policy
Privacy policy for california residents

Concord’s Inbox now has four new features!

Send and sign agreements in seconds, with Concord

Effortless contract management, from drafting to e-signing and beyond. Book a live demo to see Concord in action.

Templates Center

Request for Consent to Assignment of Contract Template

REQUEST FOR CONSENT TO ASSIGNMENT OF CONTRACT

[ NAME OF OTHER PARTY TO AGREEMENT ]

[ OTHER PARTY’S ADDRESS ]

Re: Request to Assign [ TYPE OF CONTRACT ] Contract

Dear [ NAME ] ,

As you are aware, [ OTHER PARTY COMPANY ] entered into a [ TYPE OF CONTRACT ] contract with [ REQUESTING PARTY COMPANY ] on or around [ DATE ] (the “Contract”). The Contract term runs through [ DATE ] and both parties are obligated to honor the terms of the Contract until that date. Moreover, according to Section [ SECTION NUMBER ] of the Contract, we cannot assign our rights under the Contract without your consent.

Recently, [ EXPLAIN CIRCUMSTANCES GIVING RISE TO ASSIGNMENT ] . As such, it would be beneficial for us to be able to assign our rights under the Contract to [ NAME OF THIRD PARTY ASSIGNEE ] (the “Assignee”). We also believe that assignment of the Contract to the Assignee is of benefit to [ OTHER PARTY COMPANY ] because [ LIST REASONS BENEFICIAL TO OTHER PARTY COMPANY ] .

In light of the above, we kindly request your written consent to assign any and all rights of ours under the Contract to the above-referenced Assignee.

[ In consideration of your consent, we are willing to offer: [( i) payment in the amount of [ AMOUNT ] ;] and [( ii) a guarantee of the performance of the Assignee under the Contract. ]]

With your signature below, you will consent to our assignment of the Contract to the Assignee. If you should have any questions regarding this matter, or would like to speak directly to the Assignee before making a decision, please do not hesitate to reach out to me directly at [ CONTACT INFORMATION ] .

[ NAME OF REQUESTING PARTY ]

On behalf of [OTHER PARTY COMPANY] , I hereby consent to the assignment of the Contract in accordance with the above:

_______________________________ _________

Signature Date

_____________________________________________

PAGE

Our templates are intended for reference use. Concord holds no responsibility for any reliance placed on these templates. These templates do not constitute legal counsel and should not be treated as such. By using any of these templates, you acknowledge and consent to these conditions.

Skip to primary navigation
Skip to main content
Skip to primary sidebar
Skip to footer

Legal Templates

Home Business Assignment Agreement

Assignment Agreement Template

Use our assignment agreement to transfer contractual obligations.

Updated February 1, 2024 Reviewed by Brooke Davis

An assignment agreement is a legal document that transfers rights, responsibilities, and benefits from one party (the “assignor”) to another (the “assignee”). You can use it to reassign debt, real estate, intellectual property, leases, insurance policies, and government contracts.

What Is an Assignment Agreement?

What to include in an assignment agreement, how to assign a contract, how to write an assignment agreement, assignment agreement sample.

Partnership Interest

An assignment agreement effectively transfers the rights and obligations of a person or entity under an initial contract to another. The original party is the assignor, and the assignee takes on the contract’s duties and benefits.

It’s often a requirement to let the other party in the original deal know the contract is being transferred. It’s essential to create this form thoughtfully, as a poorly written assignment agreement may leave the assignor obligated to certain aspects of the deal.

The most common use of an assignment agreement occurs when the assignor no longer can or wants to continue with a contract. Instead of leaving the initial party or breaking the agreement, the assignor can transfer the contract to another individual or entity.

For example, imagine a small residential trash collection service plans to close its operations. Before it closes, the business brokers a deal to send its accounts to a curbside pickup company providing similar services. After notifying account holders, the latter company continues the service while receiving payment.

Create a thorough assignment agreement by including the following information:

Effective Date: The document must indicate when the transfer of rights and obligations occurs.
Parties: Include the full name and address of the assignor, assignee, and obligor (if required).
Assignment: Provide details that identify the original contract being assigned.
Third-Party Approval: If the initial contract requires the approval of the obligor, note the date the approval was received.
Signatures: Both parties must sign and date the printed assignment contract template once completed. If a notary is required, wait until you are in the presence of the official and present identification before signing. Failure to do so may result in having to redo the assignment contract.

Review the Contract Terms

Carefully review the terms of the existing contract. Some contracts may have specific provisions regarding assignment. Check for any restrictions or requirements related to assigning the contract.

Check for Anti-Assignment Clauses

Some contracts include anti-assignment clauses that prohibit or restrict the ability to assign the contract without the consent of the other party. If there’s such a clause, you may need the consent of the original parties to proceed.

Determine Assignability

Ensure that the contract is assignable. Some contracts, especially those involving personal services or unique skills, may not be assignable without the other party’s agreement.

Get Consent from the Other Party (if Required)

If the contract includes an anti-assignment clause or requires consent for assignment, seek written consent from the other party. This can often be done through a formal amendment to the contract.

Prepare an Assignment Agreement

Draft an assignment agreement that clearly outlines the transfer of rights and obligations from the assignor (the party assigning the contract) to the assignee (the party receiving the assignment). Include details such as the names of the parties, the effective date of the assignment, and the specific rights and obligations being transferred.

Include Original Contract Information

Attach a copy of the original contract or reference its key terms in the assignment agreement. This helps in clearly identifying the contract being assigned.

Execution of the Assignment Agreement

Both the assignor and assignee should sign the assignment agreement. Signatures should be notarized if required by the contract or local laws.

Notice to the Other Party

Provide notice of the assignment to the non-assigning party. This can be done formally through a letter or as specified in the contract.

File the Assignment

File the assignment agreement with the appropriate parties or entities as required. This may include filing with the original contracting party or relevant government authorities.

Communicate with Third Parties

Inform any relevant third parties, such as suppliers, customers, or service providers, about the assignment to ensure a smooth transition.

Keep Copies for Records

Keep copies of the assignment agreement, original contract, and any related communications for your records.

Here’s a list of steps on how to write an assignment agreement:

Step 1 – List the Assignor’s and Assignee’s Details

List all of the pertinent information regarding the parties involved in the transfer. This information includes their full names, addresses, phone numbers, and other relevant contact information.

This step clarifies who’s transferring the initial contract and who will take on its responsibilities.

Step 2 – Provide Original Contract Information

Describing and identifying the contract that is effectively being reassigned is essential. This step avoids any confusion after the transfer has been completed.

Step 3 – State the Consideration

Provide accurate information regarding the amount the assignee pays to assume the contract. This figure should include taxes and any relevant peripheral expenses. If the assignee will pay the consideration over a period, indicate the method and installments.

Step 4 – Provide Any Terms and Conditions

The terms and conditions of any agreement are crucial to a smooth transaction. You must cover issues such as dispute resolution, governing law, obligor approval, and any relevant clauses.

Step 5 – Obtain Signatures

Both parties must sign the agreement to ensure it is legally binding and that they have read and understood the contract. If a notary is required, wait to sign off in their presence.

Thank you for downloading!

How would you rate your free template?

Click on a star to rate

Request for Consent to Assignment of Contract | Practical Law

Request for Consent to Assignment of Contract

Practical law standard document 5-529-2265 (approx. 13 pages).

Request for Consent to Assignment

This request for consent to assignment template can be used by a party to a commercial contract when the terms require a party to request and obtain the consent of the other party before assigning the contract. This template includes practical guidance, drafting notes, and alternate clauses. This template presumes that the underlying contract requires consent to assignment. The underlying contract will guide counsel in the determination of whether consent is required and the standard for consent. Assignment of the entire agreement is presumed in this template. Assignment of only certain rights, performance, or obligations is possible. For a full listing of related contract clauses, see General Commercial Contract Clause Resource Kit. For more information regarding the assignability of commercial contracts, see Commercial Contracts Assignment.

See our FAQs
Send an email
Chat online
Call (877) 881-0947

MAKE YOUR FREE Assignment Agreement

What is an Assignment Agreement?

When to use an assignment agreement:.

You want to hand over your responsibilities under a contract to another person or business.
Your business is assuming responsibilities or contracts owned by another party.

Sample Assignment Agreement

The terms in your document will update based on the information you provide.

THIS SPACE PROVIDED FOR RECORDER'S USE

TO BE RECORDED IN:

This made this , by and between of , , hereinafter referred to as 'Assignor', and of , , hereinafter referred to as 'Assignee', in consideration of the mutual covenants herein contained and other good and valuable consideration, the sufficiency of which is hereby acknowledged, witnesseth:

WHEREAS, Assignor entered into a Contract, included as an attachment to this Agreement, namely hereinafter referred to as Contract with , hereinafter 'Obligor';

WHEREAS, the Contract has an expiration date of as may be extended as permitted therein;

WHEREAS, Assignor wishes to assign all of its rights and obligations under the Contract to Assignee; and

WHEREAS, the Contract the prior consent of the Obligor;

NOW THEREFORE, Assignor and Assignee agree as follows:

. Assignor and Assignee hereby agree that the Assignor shall assign all its right, title, and interest, and delegate all its obligations responsibilities and duties, in and to the Contract, to Assignee.

. Assignee hereby accepts the assignment of all of Assignors obligations responsibilities and duties under the Contract and all of Assignors right, title and interest in and to the Contract.

. Notwithstanding the foregoing, Assignor agrees to defend and indemnify the Obligor from any and all claims, actions, judgments, liabilities, proceedings and costs, including reasonable attorneys fees and other costs of defense and damages, resulting from Assignors performance prior to the assignment of the contract and resulting from Assignees performance after the assignment of the Contract, provided however, that after the assignment of the Contract the State shall first look to Assignee to satisfy all claims, actions, judgments, liabilities, proceedings and costs, including reasonable attorneys fees and other costs of defense and damages resulting from Assignees performance.

. Assignee agrees to indemnify the Obligor from any and all claims, actions, judgments, liabilities, proceedings and costs, including reasonable attorneys fees and other costs of defense and damages, resulting from Assignees performance after the assignment of the Contract.

. This Agreement is governed by the laws of the state of , without regard to 's conflict or choice of law provisions, and both parties expressly consent to jurisdiction in such courts.

IN WITNESS WHEREOF, the parties set their hands and seals as of the date first above written.

, COUNTY OF PARISH OF

On this _____ day of ____________________, _____, before me, ______________________________, the undersigned officer, personally appeared ______________________________, known to me (or proved to me on the oath of ______________________________) to be the person who is described in and who executed the within and foregoing Assignment of Land Contract, and being first duly sworn on oath according to law, deposes and says that he/she has read the foregoing Assignment of Land Contract subscribed by him/her, and that the matters stated herein are true to the best of his/her information, knowledge and belief.

Before me, a Notary Public (or justice of the peace) in and for said county, personally appeared the above named ______________________________, who acknowledged that he/she did sign the foregoing Assignment of Land Contract, and being first duly sworn on oath according to law, deposes and says that he/she has read the foregoing Assignment of Land Contract subscribed by him/her, and that the matters stated herein are true to the best of his/her information, knowledge and belief. In testimony whereof, I have hereunto subscribed my name at ________________________________, this _____ day of ____________________, _____.

The foregoing Assignment of Land Contract was acknowledged before me this _____ day of ____________________, _____, by ______________________________, who, being first duly sworn on oath according to law, deposes and says that he/she has read the foregoing Assignment of Land Contract subscribed by him/her, and that the matters stated herein are true to the best of his/her information, knowledge and belief.

The foregoing Assignment of Land Contract was acknowledged before me, by means of ☐ physical presence or ☐ online notarization, this _____ day of ____________________, _____ by ______________________________, who is personally known to me or who have produced ________________________________ as identification, and being first duly sworn on oath according to law, deposes and says that he/she has read the foregoing Assignment of Land Contract subscribed by him/her, and that the matters stated herein are true to the best of his/her information, knowledge and belief.

This Assignment of Land Contract was acknowledged before me on this _____ day of ____________________, _____ by ______________________________, who, being first duly sworn on oath according to law, deposes and says that he/she has read the foregoing Assignment of Land Contract subscribed by him/her, and that the matters stated herein are true to the best of his/her information, knowledge and belief.

On this _____ day of ____________________, _____, before me personally appeared ______________________________, to me known to be the person described in and who executed the foregoing Assignment of Land Contract, and, being first duly sworn on oath according to law, deposes and says that he/she has read the foregoing Assignment of Land Contract subscribed by him/her, and that the matters stated herein are true to the best of his/her information, knowledge and belief.

On this _____ day of ____________________, _____, before me, ________________________________, personally appeared ______________________________, known to me (or satisfactorily proven) to be the persons whose names are subscribed to the within Assignment of Land Contract, and, being first duly sworn on oath according to law, deposes and says that he/she has read the foregoing Assignment of Land Contract subscribed by him/her, and that the matters stated herein are true to the best of his/her information, knowledge and belief.

On this _____ day of ____________________, _____, before me, the undersigned, Notary Public for the State of Vermont, personally appeared ______________________________, to me known (or to me proved) to be the identical person named in and who executed the above Assignment of Land Contract, who, being first duly sworn on oath according to law, deposes and says that he/she has read the foregoing Assignment of Land Contract subscribed by him/her, and that the matters stated herein are true to the best of his/her information, knowledge and belief.

The foregoing instrument was acknowledged before me this _____ day of ____________________, _____, by ______________________________, who, being first duly sworn on oath according to law, deposes and says that he/she has read the foregoing Assignment of Land Contract subscribed by him/her, and that the matters stated herein are true to the best of his/her information, knowledge and belief.

In witness whereof I hereunto set my hand and official seal.

_________________________________

Notary Public

Signature of person taking acknowledgment

Name typed, printed, or stamped

Title (and Rank)

Title or rank

My commission expires ____________

Serial number (if applicable)

Serial number, if any

Notary Address:

Create Your Document In Just 3 Easy Steps:

Build your document

Answer a few simple questions to make your document in minutes

Save now, finish later

Start now and save your progress, finish on any device

Download, print & share

Store securely, share online and make copies

Change Order

Document an agreement to alter a contract

Contract Extension Agreement

Increase the duration of an existing contract

Breach of Contract Notice

Provide notice if terms of contract are not met

Looking for something else?

Start your assignment agreement now and get rocket lawyer free for 7 days, get legal services you can trust at prices you can afford. you'll get:.

All the legal documents you need—customize, share, print & more

Unlimited electronic signatures with RocketSign ®

Ask a lawyer questions or have them review your document

Dispute protection on all your contracts with Document Defense ®

30-minute phone call with a lawyer about any new issue

Discounts on business and attorney services

Contract Assignment Agreement

Used 5,046 times

Download the Contract Assignment Agreement to transfer your duties, obligations, and rights. An agreement between two parties outlines the conditions of a contract assignment.

e-Sign with PandaDoc

Prepared by:

[Assignor.FirstName] [Assignor.LastName]

[Assignor.Phone] [Assignor.Email]

[Assignor.StreetAddress] [Assignor.City] [Assignor.State] [Assignor.PostalCode]

Contract Assignment Agreement Template

Prepared for:

[Assignee.FirstName] [Assignee.LastName]

[Assignee.Company]

[Assignee.Phone]

[Assignee.Email]

[Assignee.StreetAddress] [Assignee.City] [Assignee.State] [Assignee.PostalCode]

This Contract Assignment Agreement (hereinafter referred to as the "Agreement") made and entered on [Document.CreatedDate] , by and between:

Name: [Assignor.FirstName] [Assignor.LastName] [Assignor.Company] (hereinafter referred to as "Assignor"), and

Name: [Assignee.FirstName] [Assignee.LastName] [Assignee.Company] (hereinafter referred to as "Assignee"), and

Assignor and Assignee are hereinafter referred to as “Parties” collectively in this Agreement.

A. Assignor assigns and transfers the Assignee all of its rights, title, and interest in and to the contract, named (insert name of the original contract) (hereinafter referred to as the "Contract"), dated (insert date of the original contract), and expires on (insert the date when the original contract expires).

In consideration for the assignment, the Assignee will pay the Assignor the sum of (insert amount).

B. Assignor desires to assign the Contract to Assignee and Assignee desires to accept the assignment of the Contract.

C. The terms of this Assignment Agreement shall supersede the terms of the original Contract to the extent that there is any conflict between the terms of the original Contract and the terms of this Assignment Agreement.

This Agreement is subject to the following conditions:

Both Parties have all necessary rights and authority to enter into this Agreement and to assign the Contract to Assignee;

This Agreement does not and will not be construed to violate any agreement to which either the Assignor or the Assignee is a party or by which they are bound; and

Parties have had the opportunity to seek independent legal counsel prior to signing this Agreement and have either done so or have voluntarily waived their right to do so.

Indemnification

The Assignee agrees to indemnify and hold the Assignor harmless from and against any and all costs, losses, damages, claims, liabilities, and expenses (including reasonable attorneys' fees and costs) arising out of or in connection with any claims or suits based on allegations that arise.

Counterparts

This Agreement may be executed in counterparts (and by different Parties hereto on different counterparts), each of which shall be deemed an original, but all of which together shall constitute the same instrument.

Non-Transferability

Except as expressly provided in this Agreement, the rights and obligations of the Parties under this Agreement are not assignable or transferable, neither whole nor in part.

Termination

Subsequently, this Agreement may not be terminated except by mutual agreement of the Assignor and the Assignee. In the event of termination, any sums paid by Assignee to Assignor under this Agreement shall be reimbursed to Assignee within (insert number of days) of the termination of this Agreement.

Confidentiality

Assignee shall maintain all information regarding the Contract in the strictest confidence and shall not reveal such information to any person or entity without the express written consent of Assignor.

Governing Laws

This Agreement shall be governed by and construed under the laws of the State of [Assignor.State] .

Agreed and Accepted

IN WITNESS WHEREOF, the parties hereto have executed and delivered this Agreement as of the date written below.

Care to rate this template?

Your rating will help others.

Thanks for your rate!

Useful resources

Featured templates
Sales proposals
NDA agreements
Operating agreements
Service agreements
Sales documents
Marketing proposals
Rental and lease agreement
Quote templates

Assignment Clause

Get free proposals from vetted lawyers in our marketplace.

Contract Clauses

Acceleration Clause
Arbitration Clause
Cancellation Clause
Choice of Law Clause
Confidentiality Clause
Consideration Clause
Definitions Clause
Dispute Resolution Clause
Entire Agreement Clause
Escalation Clause
Exclusivity Clause
Exculpatory Clause
Force Majeure Clause
Governing Law Clause
Indemnification Clause
Indemnity Clause
Insurance Clause
Integration Clause
Merger Clause
Non-Competition Clause
Non-Disparagement Clause
Non-Exclusivity Clause
Non-Solicitation Clause
Privacy Clause
Release Clause
Severability Clause
Subordination Clause
Subrogation Clause
Survival Clause
Termination Clause
Time of Essence Clause

Jump to Section

Assignment clause defined.

Assignment clauses are legally binding provisions in contracts that give a party the chance to engage in a transfer of ownership or assign their contractual obligations and rights to a different contracting party.

In other words, an assignment clause can reassign contracts to another party. They can commonly be seen in contracts related to business purchases.

Here’s an article about assignment clauses.

Assignment Clause Explained

Assignment contracts are helpful when you need to maintain an ongoing obligation regardless of ownership. Some agreements have limitations or prohibitions on assignments, while other parties can freely enter into them.

Here’s another article about assignment clauses.

Purpose of Assignment Clause

The purpose of assignment clauses is to establish the terms around transferring contractual obligations. The Uniform Commercial Code (UCC) permits the enforceability of assignment clauses.

Assignment Clause Examples

Examples of assignment clauses include:

Example 1 . A business closing or a change of control occurs
Example 2 . New services providers taking over existing customer contracts
Example 3 . Unique real estate obligations transferring to a new property owner as a condition of sale
Example 4 . Many mergers and acquisitions transactions, such as insurance companies taking over customer policies during a merger

Here’s an article about the different types of assignment clauses.

Assignment Clause Samples

Sample 1 – sales contract.

Assignment; Survival . Neither party shall assign all or any portion of the Contract without the other party’s prior written consent, which consent shall not be unreasonably withheld; provided, however, that either party may, without such consent, assign this Agreement, in whole or in part, in connection with the transfer or sale of all or substantially all of the assets or business of such Party relating to the product(s) to which this Agreement relates. The Contract shall bind and inure to the benefit of the successors and permitted assigns of the respective parties. Any assignment or transfer not in accordance with this Contract shall be void. In order that the parties may fully exercise their rights and perform their obligations arising under the Contract, any provisions of the Contract that are required to ensure such exercise or performance (including any obligation accrued as of the termination date) shall survive the termination of the Contract.

Reference :

Security Exchange Commission - Edgar Database, EX-10.29 3 dex1029.htm SALES CONTRACT , Viewed May 10, 2021, < https://www.sec.gov/Archives/edgar/data/1492426/000119312510226984/dex1029.htm >.

Sample 2 – Purchase and Sale Agreement

Assignment . Purchaser shall not assign this Agreement or any interest therein to any Person, without the prior written consent of Seller, which consent may be withheld in Seller’s sole discretion. Notwithstanding the foregoing, upon prior written notice to Seller, Purchaser may designate any Affiliate as its nominee to receive title to the Property, or assign all of its right, title and interest in this Agreement to any Affiliate of Purchaser by providing written notice to Seller no later than five (5) Business Days prior to the Closing; provided, however, that (a) such Affiliate remains an Affiliate of Purchaser, (b) Purchaser shall not be released from any of its liabilities and obligations under this Agreement by reason of such designation or assignment, (c) such designation or assignment shall not be effective until Purchaser has provided Seller with a fully executed copy of such designation or assignment and assumption instrument, which shall (i) provide that Purchaser and such designee or assignee shall be jointly and severally liable for all liabilities and obligations of Purchaser under this Agreement, (ii) provide that Purchaser and its designee or assignee agree to pay any additional transfer tax as a result of such designation or assignment, (iii) include a representation and warranty in favor of Seller that all representations and warranties made by Purchaser in this Agreement are true and correct with respect to such designee or assignee as of the date of such designation or assignment, and will be true and correct as of the Closing, and (iv) otherwise be in form and substance satisfactory to Seller and (d) such Assignee is approved by Manager as an assignee of the Management Agreement under Article X of the Management Agreement. For purposes of this Section 16.4, “Affiliate” shall include any direct or indirect member or shareholder of the Person in question, in addition to any Person that would be deemed an Affiliate pursuant to the definition of “Affiliate” under Section 1.1 hereof and not by way of limitation of such definition.

Security Exchange Commission - Edgar Database, EX-10.8 3 dex108.htm PURCHASE AND SALE AGREEMENT , Viewed May 10, 2021, < https://www.sec.gov/Archives/edgar/data/1490985/000119312510160407/dex108.htm >.

Sample 3 – Share Purchase Agreement

Assignment . Neither this Agreement nor any right or obligation hereunder may be assigned by any Party without the prior written consent of the other Parties, and any attempted assignment without the required consents shall be void.

Security Exchange Commission - Edgar Database, EX-4.12 3 dex412.htm SHARE PURCHASE AGREEMENT , Viewed May 10, 2021, < https://www.sec.gov/Archives/edgar/data/1329394/000119312507148404/dex412.htm >.

Sample 4 – Asset Purchase Agreement

Assignment . This Agreement and any of the rights, interests, or obligations incurred hereunder, in part or as a whole, at any time after the Closing, are freely assignable by Buyer. This Agreement and any of the rights, interests, or obligations incurred hereunder, in part or as a whole, are assignable by Seller only upon the prior written consent of Buyer, which consent shall not be unreasonably withheld. This Agreement will be binding upon, inure to the benefit of and be enforceable by the parties and their respective successors and permitted assigns.

Security Exchange Commission - Edgar Database, EX-2.1 2 dex21.htm ASSET PURCHASE AGREEMENT , Viewed May 10, 2021, < https://www.sec.gov/Archives/edgar/data/1428669/000119312510013625/dex21.htm >.

Sample 5 – Asset Purchase Agreement

Assignment; Binding Effect; Severability

This Agreement may not be assigned by any party hereto without the other party’s written consent; provided, that Buyer may transfer or assign in whole or in part to one or more Buyer Designee its right to purchase all or a portion of the Purchased Assets, but no such transfer or assignment will relieve Buyer of its obligations hereunder. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the successors, legal representatives and permitted assigns of each party hereto. The provisions of this Agreement are severable, and in the event that any one or more provisions are deemed illegal or unenforceable the remaining provisions shall remain in full force and effect unless the deletion of such provision shall cause this Agreement to become materially adverse to either party, in which event the parties shall use reasonable commercial efforts to arrive at an accommodation that best preserves for the parties the benefits and obligations of the offending provision.

Security Exchange Commission - Edgar Database, EX-2.4 2 dex24.htm ASSET PURCHASE AGREEMENT , Viewed May 10, 2021, < https://www.sec.gov/Archives/edgar/data/1002047/000119312511171858/dex24.htm >.

Common Contracts with Assignment Clauses

Common contracts with assignment clauses include:

Real estate contracts
Sales contract
Asset purchase agreement
Purchase and sale agreement
Bill of sale
Assignment and transaction financing agreement

Assignment Clause FAQs

Assignment clauses are powerful when used correctly. Check out the assignment clause FAQs below to learn more:

What is an assignment clause in real estate?

Assignment clauses in real estate transfer legal obligations from one owner to another party. They also allow house flippers to engage in a contract negotiation with a seller and then assign the real estate to the buyer while collecting a fee for their services. Real estate lawyers assist in the drafting of assignment clauses in real estate transactions.

What does no assignment clause mean?

No assignment clauses prohibit the transfer or assignment of contract obligations from one part to another.

What’s the purpose of the transfer and assignment clause in the purchase agreement?

The purpose of the transfer and assignment clause in the purchase agreement is to protect all involved parties’ rights and ensure that assignments are not to be unreasonably withheld. Contract lawyers can help you avoid legal mistakes when drafting your business contracts’ transfer and assignment clauses.

Meet some of our Lawyers

Brian C. Restivo, the managing member of Restivo Legal, PLLC, has been licensed by the State Bar of Texas and continuously practicing as an attorney since November of 2000. Over these years, he has represented customers across the spectrum - from a Fortune 500 company to individuals - and is seasoned at tailoring his services to the unique needs of each customer.

o Experience includes meeting with clients, numerous court appearances and mediations concluded with successful settlements. Exceptional communication skills both oral and written. Available to travel…. Flexible schedule. A general practice with emphasis in contracts of any nature, landlord/tenant/ real estate, leases, prenuptial and antenuptial agreements, wills and trusts, collections, business..... * In addition, Florida Real Estate License with extensive experience in this area as well. • o Skills: Legal Matters · Legal Practice · Interpersonal Skills · Employment Contracts · Time Management · Mediation · Legal Document Preparation · Commercial Contracts · Writing · Dispute Resolution · Attention to Detail · Real Estate · Contract Negotiation · Due Diligence · Breach of Contract · Analytical Skills

Navy veteran with 14 years experience practicing law in Chicago.

I am an experienced New York Attorney pleased to offer my services to clients who are seeking assistance with startup consulting and/or business related legal work. My expertise in both of these areas allows me to provide comprehensive legal support to entrepreneurs and businesses of all sizes.

Trial attorney. Specializing in drafting and arguing complex criminal pretrial and contemporaneous motions. Former Public Defender. Cum Laude graduate of the University of Miami School of Law. Research assistant for multiple professors in the areas of Title IX defense, post-conviction litigation, reproductive healthcare rights, and the constitutionality of affirmative defenses. Trial Team Captain, Pro-Bono Challenge award recipient, Litigation Skills Book Award and Scholarship recipient, HOPE Public Interest Scholarship recipient. Cum Laude graduate of New York University with a focus on classical theatre text and performance.

Legal and compliance professional with expertise in commercial transactions, government contracting, corporate governance, and nonprofits.

Find the best lawyer for your project

Quick, user friendly and one of the better ways I've come across to get ahold of lawyers willing to take new clients.

CONTRACT lawyers by city

Atlanta Contract Lawyers
Austin Contract Lawyers
Boston Contract Lawyers
Chicago Contract Lawyers
Dallas Contract Lawyers
Denver Contract Lawyers
Fort Lauderdale Contract Lawyers
Houston Contract Lawyers
Las Vegas Contract Lawyers
Los Angeles Contract Lawyers
Memphis Contract Lawyers
Miami Contract Lawyers
New York Contract Lawyers
Oklahoma City Contract Lawyers
Orlando Contract Lawyers
Philadelphia Contract Lawyers
Phoenix Contract Lawyers
Richmond Contract Lawyers
Salt Lake City Contract Lawyers
San Antonio Contract Lawyers
San Diego Contract Lawyers
San Francisco Contract Lawyers
Seattle Contract Lawyers
Tampa Contract Lawyers

Contracts Counsel was incredibly helpful and easy to use. I submitted a project for a lawyer's help within a day I had received over 6 proposals from qualified lawyers. I submitted a bid that works best for my business and we went forward with the project.

I never knew how difficult it was to obtain representation or a lawyer, and ContractsCounsel was EXACTLY the type of service I was hoping for when I was in a pinch. Working with their service was efficient, effective and made me feel in control. Thank you so much and should I ever need attorney services down the road, I'll certainly be a repeat customer.

I got 5 bids within 24h of posting my project. I choose the person who provided the most detailed and relevant intro letter, highlighting their experience relevant to my project. I am very satisfied with the outcome and quality of the two agreements that were produced, they actually far exceed my expectations.

How It Works

Post Your Project

Get Free Bids to Compare

Hire Your Lawyer

Find lawyers and attorneys by city

Contract Assignment Agreement

Select the name of the state whose law will govern the interpretation of this contract and will be the location of any future disputes related to this contract. This is usually the state where at least one of the Parties resides or does business related to the contract. If this Agreement involves the transfer of land, this would be the state where the land is located.

CONTRACT ASSIGNMENT AGREEMENT

State of Alabama

This Assigment Agreement (the "Agreement) is entered into by and between ________ (the "Assignor"), having their principal address located at ________ , and ________ (the "Assignee"), having their principal address located at ________ , both of whom agree to be bound by this Agreement, in consideration of the mutual covenants herein contained and other good and valuable consideration, the sufficiency of which is hereby acknowledged, witnesseth:

WHEREAS , Assignor entered into a Contract, included as an attachment to this Agreement, with ________ (the "Obligor"), referred to hereinafter as "Contract with ________ ";

WHEREAS , the Contract with ________ has an original expiration date of ________ as may be extended as permitted therein;

WHEREAS , Assignor wishes to assign all of their rights and obligations under the Contract with ________ to Assignee; and

WHEREAS , the necessary verbal consent was obtained from the Obligor on ________ ;

NOW THEREFORE , Assignor and Assignee agree to the following:

I. Assignor and Assignee hereby agree that the Assignor shall assign all their rights, titles, and interests, and delegate all of their obligations, responsibilities, and duties, in ad to the Contract with ________ , to Assignee.

II. Assignee hereby accepts the assignment of all of Assignors obligations, responsibilities, and duties under the Contract and all of Assignors rights, titles, and interests in and to the Contract with ________ .

III. Notwithstanding the foregoing, Assignor agrees to defend and indemnify the Obligor from any and all claims,actions, judgments, liabilities, proceedings, and costs, including reasonable attorney's fees and other costs of defense and damages, resulting from Assignors performance prior to the assignment of the contract and resulting from Assignees performance after the assignment of the Contract with ________ , provided, however, that after the assignment of the Contract with ________ , the State shall first look to Assignee to satisfy all claims, actions, judgments, liabilities, proceedings, and costs, including reasonable attorneys fees and ot her costs of defense and damages resulting from Assignee's performance.

IV. Assignee agrees to indemnify the Obligor from any and all claims, actions, judgments, liabilities, proceedings, and costs, including reasonable attorney's fees, and other costs of defense and damages, resulting from Assignee's performance after the assignment of the Contract with ________ .

V. No modification of this Agreement shall be valid unless in writing and agreed upon by all relevant Parties.

VI. 52 252 28222 522 252888822 22 2588 825222222 88 5285 22 8285885, 8882258, 25 5222225825882 225 522 525822, 2522 252 2552828 52522 2552 8585 252888822 85588 82 522225 22 82 825582 525 252 522582525 22 252 825222222 85588 82 22225825 58 82 252 825582 252888822 8252 22825 82885525 82 252 825222222.

VII. This Agreement is governed by the laws of the State of Alabama and both Parties expressly consent to jurisdiction in such courts.

IN WITNESS WHEREOF, the Parties execute the Agreement as follows:

______________________________________________ ________

______________________________________________ Date

HOW TO CUSTOMIZE THE TEMPLATE

Answer the question, then click on "Next."

The document is written according to your responses - clauses are added or removed, paragraphs are customised, words are changed, etc.

At the end, you will immediately receive the document in Word and PDF formats. You can then open the Word document to modify it and reuse it however you wish.

Business Needs
Personal Needs
Real Estate
Detailed information explaining various aspects of U.S. law. Start reading AI-driven software for legal contract drafting and review. Learn about Loio

Assignment Agreement

An assignment agreement is a crucial legal document used to consolidate the transfer of rights, titles, and interests, particularly in the realm of intellectual property. Whether it's patent rights, a trademark, a copyright, or some other proprietary interest, a well-crafted assignment agreement contract ensures that the interests of all parties are protected. This document removes ambiguity by crystalizing the terms for rights transfer, thus safeguarding the parties' interests.

When to Use Assignment Agreement

Assignment agreements, also known as contract assignment agreements, come into play in numerous scenarios. These are most commonly used when intellectual property or rights need to be clearly and officially transferred from one party to another. Legal assignments could occur during situations such as company acquisition, internal reorganization, or when rights to a specific idea or invention are sold. Such agreements serve as valuable documents to circumnavigate potential legal pitfalls, resolving future disagreements even before they arise.

Parties of the Assignment Agreement

An assignment form typically involves at least two parties — an assignor and an assignee:

The assignor , often referred to as the transferor, is the original holder of the rights, titles, or property. As an integral part of any assignment agreement template, the assignor's role is clearly defined. It's the assignor's prerogative to trade these interests, whether it's a meticulously developed invention, a valuable patent, or contractual rights. Their intention in such agreements is to formally and legally transfer these rights or property, safeguarding their interests and ensuring a smooth ownership transition.

The assignee , alternatively known as the transferee, is the receiving party in this agreement. They can be an individual, a corporate entity, or a legal institution set to acquire the rights, title, or property initially held by the assignor. Incorporating assignment samples into the process can be invaluable for understanding the outline and content the agreement should typically possess. The assignee encourages the transaction, usually compensating the assignor, to secure these proprietary interests or rights.

The assignee receives official, legal recognition of the transferred title or rights through the assignment agreement. This act guarantees enforceability and protection against future claims, ensuring the assignee's newly acquired interests enjoy complete legal validation.

Assignment: The specific rights or property being transferred should be clearly described.
Assignor and Assignee: Each party's responsibilities and legal liabilities should be explicitly stated.
Governing Law: The legal jurisdiction that governs the agreement should be identified.
Confidentiality Clause: If necessary, the agreement should include a clause ensuring the protection of confidential information.
Consideration: The agreement should detail the amount or nature of the consideration provided for the assignment.

How to Write an Assignment Agreement

Crafting an assignment agreement is pivotal when there's a need to regulate the transfer of rights, titles, or interests between parties. It's a safety net protecting the exchange, clarifying roles and responsibilities, and securing the appropriate ownership of the transferred property. Accessing a well-structured template or a sample assignment agreement from online resources could ease the process. Alternatively, seeking guidance from a specialized legal professional can ensure the document's quality.

In general, the main steps to get the assignment agreement look like this:

Include precise details of both parties in the agreement, such as their full legal names and contact information.

Provide specifics about the nature of the asset or right being transferred, including all relevant details to establish its identity and value.

Enlist a comprehensive account of individual roles, responsibilities, and benefits resulting from the agreement.

Identify the jurisdiction or governing legislation the agreement complies with and operates under.

Review by respective legal advisors is a crucial step before finalizing the assignment agreement. This process can be simplified by providing the legal advisors with an assignment agreement PDF for a thorough review. Consensus on specifics, such as the consideration method or dispute resolution strategy, paves the way for seamless execution. Cross-referencing with other assignment agreements can also facilitate a comprehensive understanding and ensure the inclusion of all vital elements.

A smart way to navigate this task, keeping legal costs at bay, is using a well-suited template, similar to an assignment document. It provides a logical guideline, prompting you to insert all necessary clauses, thereby creating a legally compliant document promptly and efficiently. This method, time-saving and cost-effective, is highly appreciated by businesses. Moreover, studying a standardized assignment agreement can deliver valuable insights, guiding you to draft a robust, all-inclusive document.

Legal Disclaimer

Please note that Lawrina does not provide any legal services. The information on Lawrina’s Site and its downloadable content, including legal articles and templates, shall not be considered legal advice and is not guaranteed to be correct, complete, and up-to-date. If you require legal advice on your issue, we recommend you contact a qualified attorney licensed in your state. You personally assume full responsibility for any consequences, damages, and costs associated with your use of any content of Lawrina Services available on Lawrina’s Site.

By using Lawrina’s Site you agree with mentioned above and give your irrevocable consent to comply with and to be bound by the provisions of Lawrina Service terms.

Template Benefits

Request For Consent to Assignment of Contract

Create doc / use template

Chat to our AI Legal Assistant

Edit, collaborate & share

AI review , and Export to .docx

Templates properties

request-for-consent-to-assignment-of-contract.docx

Free to use

Commercial Contract

Contract Agreement

Business Contract

Business Contracts

Easy-fill with questionnaire

Tweak with our online editor

Export to .docx format

Save, clone, print & share

Use the world's most advanced AI legal assistant, today

Practical Law

Request for Consent to Assignment of Contract

Practical law standard document 5-529-2265 (approx. 13 pages).

General Contract and Boilerplate
United States

Power of Attorney
Last Will and Testament
Living Will
Health Care Directive
Revocable Living Trust
Estate Vault™
> - Estate', 'ProductMenu')">More >>
Residential Lease Agreement
Commercial Lease Agreement
Eviction Notice
Quitclaim Deed
Contract for Deed/Land Contract
> - Real Estate', 'ProductMenu')">More >>
Promissory Note
Bill of Sale
Loan Agreement
Sales Agreement
Purchase of Business Agreement
> - Financial', 'ProductMenu')">More >>
LLC Operating Agreement
Confidentiality Agreement
Partnership Agreement
Business Plan
> - Business', 'ProductMenu')">More >>
Prenuptial Agreement
Separation Agreement
Child Travel Consent
Child Medical Consent
> - Family', 'ProductMenu')">More >>
Online Notary
Chat Online
Help Center
1-855-231-8424 Mon-Fri 8am - 7pm ET
United Kingdom
0 ? {effect:'slide', direction:'left', duration:500} : undefined));">More

What are you looking for?

Javascript required.

You are reading this message because your browser either does not support JavaScript or has it disabled. Please enable JavaScript and Cookies in order to use this site.

If your browser is not JavaScript capable, you can obtain either Firefox or Microsoft Internet Explorer . Under Linux, any browser using the latest Mozilla engine should work.

Free Assignment

Create your free assignment.

Answer a few simple questions
Email, download or print instantly
Just takes 5 minutes

QGCustomization

Get Started
Assignment Details
Signing Date
Print/Download

Personal Property

Intellectual property, your assignment.

_________________________ of _________________________, _________________________, California, __________ (the "Assignor") assigns the entirety of the Assignor's contractual rights and obligations under the contract dated May 4, 2024 for _______________________________________________ with __________ of _________________________, _________________________, California, __________, which is attached hereto as Schedule "A", to _________________________ of _________________________, _________________________, California, __________ (the "Assignee").

In consideration thereof, the Assignor acknowledges receipt of $__________ paid by cash by the Assignee.

The Assignor warrants and covenants the following with regard to the contractual rights which the Assignor has assigned:

that they are still owing to the Assignor over and above all claims for set-off or otherwise;
that the Assignor has the right to assign the contract;
that the Assignor will not, after this Assignment takes effect, receive and accept the assigned contractual rights;
that the Assignor will not do any act which may prevent or hinder the Assignee from enforcing the assigned contractual rights; and
that the Assignor has not done or knowingly permitted any act, deed or thing by which the contractual rights can be impeached or affected in any manner.

The Assignor directs __________ to complete the contractual obligations, which would otherwise be owed to the Assignor but which have been transferred as indicated herein, with the Assignee.

It is agreed that this Assignment will enure to the benefit of and be binding upon the parties to this Assignment, their heirs, executors, administrators, successors and assigns, respectively.

This Agreement will be construed in accordance with and governed by the laws of the State of California.

Last Updated November 9, 2022

Alternate Names:

An Assignment is also known as an:

Assignment Agreement
Assignment and Assumption Agreement
Assignment of Contract

What is an Assignment?

An Assignment, or an assignment of contract, is a document that allows one party to transfer the rights and benefits of a contract to another party.

Who are the parties in an assignment of contract?

Typically, there are two parties an Assignment:

The assignor is the party in the original contract who is transferring their rights and obligations to a new individual or organization.
The assignee is the party who receives the rights and obligations of the original contract from the assignor.

There can also be a third party who is the individual or corporation that entered into the original contract with the assignor.

What can I use an assignment of contract for?

You can use an Assignment to opt out of the rights and obligations of a contract in place of someone else as long as the original contract doesn't prohibit assignment and assumption of obligations. It's a good idea to check the original contract terms to ensure you aren't still liable for the terms of the original contract after assigning it to a new party.

You may want to consider getting the second party of the original contract to sign a Release/Waiver Agreement to absolve yourself from any liability from the contract.

It's also possible to transfer the benefits of an income stream to an assignee using an assignment agreement.

For instance, let's say you upload videos on social media that garner money, and it turns out you may have used parts of someone else's footage or material. To settle a possible copyright dispute, you could use an Assignment to transfer part of the income stream you receive from the video with the other party's material to the other party for a period of time.

Sometimes an Assignment can technically be used to transfer rights to personal or intellectual property, but, in most cases, it's best practice to use more specific forms like a Bill of Sale , a Trademark Assignment , or an Assignment of Trade Name .

What is the difference between an Assignment and a delegation in a contract?

The main difference between an Assignment and delegation has to do with contractual rights. Where an Assignment involves transferring the rights and duties of a contract to another party, a delegation only transfers duties.

For example, if you're a contractor remodeling a house, you'll have a written contract with the homeowner where you'll have agreed to remodel their house in exchange for money. Unless you're a contractor with skills in all trades, you'll likely hire electricians, painters, etc. to complete parts of the project. In those instances, you'd delegate tasks of the contract, e.g. electrical work, to the appropriate worker but they wouldn't be assigned contractual rights because the client will still be paying you for the remodel. You'd likely have a separate contract with the electrician that details how they'll be paid.

How do I assign the rights of a contract to someone else?

To assign rights of an existing contract, your assignment agreement needs:

The assignor's information (name and address)
The assignee's information (name and address)
Third party details (name and address of the other party involved in the original contract)
The original contract information (date of execution and purpose of original contract)
A description of the contract rights being transferred (can be partial rights or full contract)
Consideration (the benefit or profit, e.g. money, assets, property, etc., received by the assignor for assigning the contract)
Signatures of the parties and date of execution

You can have an Assignment notarized or witnessed by individuals not party to the contract, but it's not a requirement.

You should always review and consider the terms of your original contract before assigning it.

For example, you may be required by the second party of the original contract to get their consent before assigning contractual rights to a new party. There might also be stipulations where you remain liable for the terms of the contract even after assigning to a new party.

Sample Assignment and Consent Agreement

Members-only access

Not an acc member.

This consent to assignment is between , an individual a(n) (the " Landlord ") and , an individual a(n) (the " Tenant ").

The Landlord is the owner and landlord of the certain residential real estate located at , , , (the " Property ").

The Landlord, as lessor, and the Tenant, as lessee, entered into a lease agreement covering the Property, a copy of which is attached as Exhibit A (the " Lease ").

The Tenant wishes to assign all of its rights and obligations as lessee under the Lease to (the " New Tenant "), and the New Tenant wishes to accept the assignment of the Lease and assume these obligations on the terms set forth in this consent.

1. CONSENT TO ASSIGNMENT.

The Landlord hereby consents to the Tenant's assignment of the Lease to the New Tenant on the terms of the assignment of the Lease, a copy of which is attached as Exhibit B (the " Assignment "). The Landlord's consent to the assignment does not constitute consent to any additional or subsequent assignments of the Premises. The Tenant shall provide the Landlord with a fully-executed copy of the Assignment promptly after it is signed.

2. ASSUMPTION OF RIGHTS AND DUTIES.

From and after the effective date of the assignment, all rights and obligations under the Lease will be assumed by the New Tenant and the Tenant will have no further obligations under that Lease. The Tenant will continue to be responsible for obligations accruing before the date of assignment unless the Tenant, the Landlord, and the New Tenant otherwise expressly provide through a separate agreement.

3. CONTINUING EFFECTIVENESS OF LEASE.

All other terms of the Lease remain in full force and effect, including the prohibition against further assignments and subleases without the Landlord's express written consent.

4. ASSSIGNMENT SUBORDINATE TO LEASE; CONSENT.

The Assignment is subject and subordinate to the Lease and this consent. Neither the Tenant nor the New Tenant may do or permit anything to be done in connection with the Assignment or the New Tenant's occupancy of the Property that would violate the Lease or this consent.

5. CHOICE OF LAW.

(a) Choice of Law. The laws of the state of govern this agreement (without giving effect to its conflicts of law principles).
(b) Choice of Forum. Both parties consent to the personal jurisdiction of the state and federal courts in County, .

6. COUNTERPARTS; ELECTRONIC SIGNATURES.

(a) Counterparts. The parties may execute this consent in any number of counterparts, each of which is an original but all of which constitute one and the same instrument.
(b) Electronic Signatures. This consent, agreements ancillary to this consent, and related documents entered into in connection with this consent are signed when a party's signature is delivered by facsimile, email, or other electronic medium. These signatures must be treated in all respects as having the same force and effect as original signatures.

[SIGNATURE PAGE FOLLOWS]

Each party is signing this agreement on the date stated opposite that party's signature.

[PAGE BREAK HERE]

EXHIBIT A Attach copy of Lease

EXHIBIT B Attach copy of Assignment

Free Landlord Consent to Assignment Template

Facilitate lease transfers with a landlord consent to assignment form. provide tenant and landlord information, along with the rental property address, and grant permission for the lease transfer easily..

Complete your document with ease

What's a landlord consent to assignment?

Related templates

Assignment of Agreement

Transfer work responsibilities efficiently with an assignment of agreement. Facilitate a smooth transition from one party to another.

Assignment of Commercial Lease

Transfer your commercial lease to a new tenant smoothly. Create an assignment of a commercial lease to clearly articulate the new tenant's rights, responsibilities, and obligations.

Assignment of Residential Lease

Simplify lease transfers with an assignment of residential lease agreement. With the landlord's approval, smoothly transfer your lease responsibilities to a new tenant while documenting the arrangement comprehensively.

Cohabitation Agreement

Step into a new chapter of your life securely with a cohabitation agreement. Start your commitment on the right track with your significant other.

Land Co-ownership Agreement

Define the rights and responsibilities of a property owner with a land co-ownership agreement. Safeguard investments and clarify land usage guidelines.

Integrations
Real Estate
Legality Guide
Signature Generator
Get Started Now — It’s Free!
Sign Up for Free
Assignment of Contract Template

An Assignment of Contract is a document that an assignor uses to transfer all rights and obligations of a contract over to an assignee. With a free Assignment of Contract template from Jotform Sign , you can transfer your contracts to others in minutes. Just adjust the contract to your needs and send it out for signature on any device. You’ll get an automated PDF copy in Jotform Inbox once it’s been signed and completed.

Customize your Assignment of Contract template in Jotform’s intuitive drag-and-drop form builder effortlessly. Add or rearrange form fields, adjust fonts and colors, upload images, add in your own logos, and much more. You can even add in an automated signing order when there are multiple signers. If you need to forward your contracts, try a free Assignment of Contract template from Jotform today.

More templates like this

Payment Agreement Template

A payment agreement is a document between a lender and a borrower that outlines the terms and conditions of a loan, including the amount, payment schedule, and penalties. If you’re lending money, you can create professional payment agreements — plus fill them out and sign them on any device — with this free payment agreement form template from Jotform.You can update the design of this payment agreement template in just a few clicks with our drag-and-drop builder. You can add or remove fields, choose new fonts or text colors, set up a unique signing order, and customize automated email notifications. You can also gather e-signatures anytime and anywhere to streamline your loan process with Jotform Sign.

Partnership Agreement Template

A partnership agreement is a formal contract between two or more people who agree to run a for-profit business together. Partnership agreements are necessary for establishing terms and conditions that will help resolve any future disputes. Whether you’re a contract attorney or about to enter into a business partnership yourself, save time writing partnership agreements with our free Partnership Agreement Template. Simply customize the design to reflect the details of your partnership — then share it online to collect legally binding e-signatures on any device.Using our drag-and-drop builder, you can customize this Partnership Agreement Template to include the specific terms of your agreement, such as the length of the partnership, ownership percentage, distribution of profits and losses, management responsibilities, and what to do in the event of a withdrawal or death. You can also add your company’s official logo or change fonts and colors to match those of your business. With your partnership agreements taken care of, you can spend less time dealing with legal paperwork and more time growing your business. By streamlining your signature process with Jotform Sign , you can save time better spent elsewhere.

Letter of Authorization

A letter of authorization is an agreement between the person, known as the principal, authorizing another, known as an agent, to perform certain functions or powers in order to perform the duties of the principal. This letter also contains the period of effectivity of the contract of agency between the principal and the agent. Share Jotform’s free Letter of Authorization via email and securely collect electronic signatures from any device. Once signed, a finalized PDF document will be sent to your inbox — ready to download, print, and share with the appropriate parties.You can make changes to this Letter of Authorization in just a few easy clicks using Jotform’s intuitive form builder. Simply drag and drop to add or remove text fields, include additional signature fields, change fonts and colors, include your own branding and letterhead, and other design changes. Ditch messy paper forms and streamline your e-signature process with this free Letter of Authorization from Jotform. If you want to take your signing process online, create an e-sign document with Jotform Sign.

These templates are suggested forms only. If you're using a form as a contract, or to gather personal (or personal health) info, or for some other purpose with legal implications, we recommend that you do your homework to ensure you are complying with applicable laws and that you consult an attorney before relying on any particular form.

Sign Templates /

Business Sign Templates

Lending or borrowing money? Make sure your terms are clear and fit your needs by using Jotform’s payment agreement template.

Generate partnership agreements online fast with this free template. Easy to customize. Collect e-signatures on any device. Save time with Jotform Sign.

Create a signable letter of authorization. Works seamlessly on any device. Android and iOS compatible. Convert to PDF. Easy to customize and share. No coding.

Consulting Agreement Template

Create a signable consulting agreement. Great for consultants and independent contractors. Easy to customize and share. Converts to PDF. Save time and paper.

Bid Proposal Template

Create a bid proposal for upcoming projects. Customize the proposal to match your project’s theme. Works on any device — desktop, tablet, or mobile.

Non Disclosure Agreement Template

Create a professional NDA for all your company’s needs. Signable from any device — desktop, tablet, and mobile friendly. Legally binding. No coding knowledge needed.

Contract Termination Letter

Create a document to terminate your contracts. Works great on any device. Fill out and sign with ease. Customize with our drag-and-drop builder.

Free Construction Contract Template

Generate contracts for your construction company. Easy to customize with our drag-and-drop builder. Convert responses into PDFs. Works on any device.

Previous Employment Verification Letter

Gather employment verification letters from your past employers. Create, send, and share. E-sign in seconds. Works on tablets, smartphones, and desktops.

Free Loan Agreement Template

Generate loan agreements online. Save time and be more efficient. Reduce messy paperwork. Easy to customize and share. Fill out and e-sign on any device.

Proposal Letter Template

Create a proposal letter with this ready-made template. Easy to customize and share via email. Fill out and e-sign from any device. Converts to a PDF.

Event Proposal Template

Create, track, and manage event proposals online. Gather e-signatures from any device. Drag and drop to customize the design. Turn into completed PDFs.

Job Proposal Template

Create a job proposal with this free template. Fill out and e-sign from any device. Easy to customize and share. Works great on any Android and iOS device.

Research Proposal Template

Create a professional research proposal with Jotform Sign. Easy to customize and share. Fill out and e-sign anytime, anywhere. Converts to a PDF.

Self Employment Declaration Letter

Generate self employment declaration letters fast. Fill out and e-sign on any device. Save time. Reduce messy paperwork. Converts to PDF automatically.

Release of Liability Form

Create a release of liability form to ensure your company is covered in case of an accident. Signable on any type of device — desktop, tablet, and mobile friendly.

Motivation Letter

Draft up your motivation letters fast. Great for job applications. Free, easy-to-customize template. Fill out and e-sign on any device. Converts to PDF.

Operating Agreement Template

Create an operating agreement for your LCC. Fill out and sign from any smartphone, tablet, or desktop. Drag and drop to customize. Easy to share. No coding.

General Bill of Sale Template

Create a general bill of sale for your business. Works for any type of industry. Sign from any mobile, tablet, or desktop device. Drag and drop to customize.

Personal Assistant Confidentiality Agreement

Create a personal assistant confidentiality agreement online. Securely gather legally-binding signatures on any device. Easy to customize and share.

Business Partnership Agreement

Generate business partnership agreements fast. Fill out and sign on any device — Android and iOS friendly. Easy-to-customize template. Share via email in seconds.

Video Release Consent Letter

Create professional video release consent forms with Jotform. Easily customizable. Download the finished document as a PDF. Works on iOS and Android devices.

Texas Bill of Sale

Create a bill of sale for items you’re selling in Texas. Works well on any desktop, tablet, or mobile device. Embed and share easily. Drag and drop to customize.

RV Bill of Sale

Create professional documents to track your RV sales. Generate RV bills of sale in minutes. Easy to customize template. Collect e-signatures on any device.

About Business Sign Templates

Business as usual – How often do you casually hear this on a daily basis? For entrepreneurs, sole proprietors and businessmen, time is of the essence. A company works like a clock. Each cog or gear needs to be well-oiled and maintained for it to run smoothly and efficiently. If you’re an employee and your boss asked you to perform a task, he expects no less than a timely completion. While others will work hard, others will work smarter (not harder).

As a business, one of your priorities is to present a professional face to your clients. Designing professional looking layouts, especially with PDF forms and documents, is not your average Joe’s chore. Serious companies hire developers, designers, UI / UX experts and researchers to reach this common goal. What if you don’t have the budget for that kind of manpower? What if you’re a startup, a sole proprietor, or a small to medium business? Why not work smarter than everyone else and start with a boilerplate? Will it hurt if you start with a template then work your way from there?

Well, it’s time to stop asking those questions and worry no more. This collection of Sign Templates we have for the Business Industry can serve as an inspiration for your next project. Each template is uniquely designed to meet a variety of layouts that can potentially work with all kinds of businesses. Our new PDF Editor is more than capable enough of allowing anyone, even those without prior experience, to design professional looking PDFs.

Your account is currently limited to {formLimit} forms.

Go to My Forms and delete an existing form or upgrade your account to increase your form limit.

IMAGES

Assignment of Contract with Consent to Assignment
Free Assignment Of Contract Form
Form BC503 Download Fillable PDF or Fill Online Assignment of Contract
FREE 6+ Sample Assignment of Contract Templates in PDF
Free Assignment Agreement Template
Free Printable Landlord, Consent To Assignment Form (GENERIC)

VIDEO

Informed Consent Video Assignment
June 22, 2023
The Indian Contract Act 1872
Informed Consent Case Assignment MFT 630
PSY 3500
Informed Consent SOCWK570 Tanner

COMMENTS

Consent to Assignment: Everything You Need to Know
If there is language in the contract that states it can't be assigned, the other party must consent to an assignment before you can proceed. Second, the parties must execute an assignment. Create an agreement that transfers the rights and obligations of one party to the assignee. Third, notify the other party of the contract.
Examples of consent to assignment clauses in contracts
2. Consent to Assignment. Notwithstanding any other provision of this Agreement, each party hereto hereby consents to the assignment, grant, pledge, conveyance and transfer by the other party hereto, for the benefit of any lender, agent or other secured party under any financing arrangement to which the Partnership is a party, of a lien, security interest or other encumbrance on and continuing ...
Request for Consent to Assignment of Contract Template
REQUEST FOR CONSENT TO ASSIGNMENT OF CONTRACT [DATE][NAME OF OTHER PARTY TO AGREEMENT][OTHER PARTY'S ADDRESS]Re: Request to Assign [TYPE OF CONTRACT] Contract. Dear [NAME],. As you are aware, [OTHER PARTY COMPANY] entered into a [TYPE OF CONTRACT] contract with [REQUESTING PARTY COMPANY] on or around [DATE] (the "Contract"). The Contract term runs through [DATE] and both parties are ...
Contract Assignment Agreement
Formats Word and PDF. Size 2 to 3 pages. 4.8 - 105 votes. Fill out the template. This Contract Assignment Agreement document is used to transfer rights and responsibilities under an original contract from one Party, known as the Assignor, to another, known as the Assignee. The Assignor who was a Party to the original contract can use this ...
Free Assignment Agreement Template
Signatures: Both parties must sign and date the printed assignment contract template once completed. If a notary is required, wait until you are in the presence of the official and present identification before signing. ... If the contract includes an anti-assignment clause or requires consent for assignment, seek written consent from the other ...
Request for Consent to Assignment of Contract
A generic form of request for consent to the assignment of a commercial contract, which can be used by a party that is assigning its rights or delegating its performance obligations under the contract, or both, to a third party, if the non-transferring party's consent is required. This Standard Document has integrated notes with important explanations and drafting tips.
Commercial, Sample Letter
Editor's Note: Many commercial agreements provide that any assignment by a party requires the written consent of the non-assigning party.The restriction applies both to voluntary, contractual assignments between one of the contract parties and a third-party assignee as well as involuntary assignments resulting from a change in control.
Request for Consent to Assignment
This request for consent to assignment template can be used by a party to a commercial contract when the terms require a party to request and obtain the consent of the other party before assigning the contract. This template includes practical guidance, drafting notes, and alternate clauses. This template presumes that the underlying contract requires consent to assignment.
Contract Assignment Agreement: Definition & Sample
Contract Assignment Agreement Sample. Exhibit 10.45 . ASSIGNMENT OF CONTRACT . This Assignment is entered into as of , 20 , by and between ... CONSENT TO ASSIGNMENT . The undersigned, being the recipient of services under the Contract and a party thereto, hereby acknowledges and consents to the foregoing Assignment by Assignor of the Contract ...
Free Assignment Agreement Template & FAQs
An Assignment Agreement can help you hand over contractual rights or responsibilities, while helping to protect your own legal rights and obligations. An Assignment Agreement, sometimes called a Contract Assignment, allows you to assign your contractual rights and responsibilities to another party. For example, if you're a contractor who needs ...
Consent to Assignment Sample Clauses: 1k Samples
Consent to Assignment. Under the terms and conditions set forth in this Consent, SDG&E hereby consents to (i) the assignment by the Assignor of all its right, title and interest in, to and under the Assigned Agreement to the Assignee, as collateral security for the obligations as and to the extent provided in the Security Agreement, and (ii ...
Contract Assignment Agreement Template: Free & Ready to Fill Out
A contract assignment agreement is a binding document between two parties that sets out the terms of the assignment of a contract. It is typically used when one party wishes to assign their rights, responsibilities, obligations, and benefits under a contract to another party. Use this contract assignment agreement template to create a binding ...
Free Assignment of Agreement Template
The Assignor represents that: (a) it is the lawful and sole owner of the interests assigned under this assignment; (b) it has not previously assigned its rights under the Agreement; (c) the interests assigned under this assignment are free from all encumbrances; and. (d) it has performed all obligations under the Agreement.
Assignment Clause: Meaning & Samples (2022)
Sample 1 - Sales Contract. Assignment; Survival. Neither party shall assign all or any portion of the Contract without the other party's prior written consent, which consent shall not be unreasonably withheld; provided, however, that either party may, without such consent, assign this Agreement, in whole or in part, in connection with the ...
Contract Assignment Agreement
Assignee agrees to indemnify the Obligor from any and all claims, actions, judgments, liabilities, proceedings, and costs, including reasonable attorney's fees, and other costs of defense and damages, resulting from Assignee's performance after the assignment of the Contract with ________. V. No modification of this Agreement shall be valid ...
Assignment Agreement Templates (5)
Trademark Assignment Agreement. This document allows you to transfer the property rights in a mark or multiple marks. 28.5K downloads. An assignment agreement is a crucial legal document used to consolidate the transfer of rights, titles, and interests, particularly in the realm of intellectual property. Whether it's patent rights, a trademark ...
FORM OF CONSENT TO ASSIGNMENT Sample Clauses
FORM OF CONSENT TO ASSIGNMENT. The undersigned (the "Counterparty") acknowledges that [ ], a [ ] ("Debtor"), for the purpose of securing obligations of the Debtor incurred pursuant to the Credit Agreement hereinafter referenced, has collaterally assigned or may in the future collaterally assign to Wachovia Bank, National Association, as administrative agent (together with its ...
Template Request For Consent to Assignment of Contract
This template typically outlines the details of the original contract, including the parties involved, contract terms, and any restrictions or conditions regarding assignment. The purpose of this document is to obtain written consent from the assignor, as per the terms of the original contract, to transfer all rights, duties, and liabilities to ...
Request for Consent to Assignment of Contract
A generic form of request for consent to the assignment of a commercial contract, which can be used by a party that is assigning its rights or delegating its performance obligations under the contract, or both, to a third party, if the non-transferring party's consent is required. This Standard Document has integrated notes with important explanations and drafting tips.
Assignment Form
Lease Assignment Agreement: a document used to transfer a tenant's interest in a property to a new individual who will assume the obligations and rights of the original lease. Termination Agreement: an agreement used to cancel/discontinue an existing contract. Trademark Assignment: a form that transfers ownership of a trademark from the owner ...
Sample Assignment and Consent Agreement
February 25, 2016. This is a sample assignment and consent agreement where the Company accepts assignment and delegation of all of Assignor's rights, duties, obligations, and interest under the Agreement and assumes toward Contractor all duties, liabilities, responsibilities, and obligations owing Contractor by Assignor under the Agreement.
Free Landlord Consent to Assignment Template
This consent to assignment is between , an individual a(n) (the "Landlord") and , an individual a(n) (the "Tenant"). The Landlord is the owner and landlord of the certain residential real estate located at , , , (the "Property").. The Landlord, as lessor, and the Tenant, as lessee, entered into a lease agreement covering the Property, a copy of which is attached as Exhibit A (the "Lease").
Assignment of Contract Template
An Assignment of Contract is a document that an assignor uses to transfer all rights and obligations of a contract over to an assignee. With a free Assignment of Contract template from Jotform Sign, you can transfer your contracts to others in minutes.Just adjust the contract to your needs and send it out for signature on any device.

Consent to Assignment: Everything You Need to Know

Contract Assignments

Unenforceable Assignments

Delegation vs. Assignment

How to Assign a Contract

Anti-Assignment Clause

Consent to assignment clause samples

Cut contract prep time in half for free

Latin America

Send and sign agreements in seconds, with Concord

Request for Consent to Assignment of Contract Template

Assignment Agreement Template

What Is an Assignment Agreement?

Partnership Interest

Review the Contract Terms

Check for Anti-Assignment Clauses

Determine Assignability

Get Consent from the Other Party (if Required)

Prepare an Assignment Agreement

Include Original Contract Information

Execution of the Assignment Agreement

Notice to the Other Party

File the Assignment

Communicate with Third Parties

Keep Copies for Records

Step 1 – List the Assignor’s and Assignee’s Details

Step 2 – Provide Original Contract Information

Step 3 – State the Consideration

Step 4 – Provide Any Terms and Conditions

Step 5 – Obtain Signatures

Thank you for downloading!

Request for Consent to Assignment of Contract | Practical Law

Request for Consent to Assignment of Contract

Request for Consent to Assignment

MAKE YOUR FREE Assignment Agreement

What is an Assignment Agreement?

Sample Assignment Agreement

Build your document

Save now, finish later

Download, print & share

Related documents

Change Order

Contract Extension Agreement

Breach of Contract Notice

Looking for something else?

Contract Assignment Agreement

Contract Assignment Agreement Template

Indemnification

Counterparts

Non-Transferability

Termination

Confidentiality

Governing Laws

Agreed and Accepted

Useful resources

Contract Clauses

Jump to Section

Assignment Clause Explained

Purpose of Assignment Clause

Assignment Clause Examples

Assignment Clause Samples

Sample 2 – Purchase and Sale Agreement

Sample 3 – Share Purchase Agreement

Sample 4 – Asset Purchase Agreement

Sample 5 – Asset Purchase Agreement

Common Contracts with Assignment Clauses

Assignment Clause FAQs

What is an assignment clause in real estate?

What does no assignment clause mean?

What’s the purpose of the transfer and assignment clause in the purchase agreement?

Meet some of our Lawyers

Find the best lawyer for your project

CONTRACT lawyers by city

How It Works

Find lawyers and attorneys by city

Contract Assignment Agreement

HOW TO CUSTOMIZE THE TEMPLATE

Assignment Agreement

When to Use Assignment Agreement

Parties of the Assignment Agreement