Primary tabs

Assignment is a legal term whereby an individual, the “assignor,” transfers rights, property, or other benefits to another known as the “ assignee .”   This concept is used in both contract and property law.  The term can refer to either the act of transfer or the rights /property/benefits being transferred.

Contract Law   

Under contract law, assignment of a contract is both: (1) an assignment of rights; and (2) a delegation of duties , in the absence of evidence otherwise.  For example, if A contracts with B to teach B guitar for $50, A can assign this contract to C.  That is, this assignment is both: (1) an assignment of A’s rights under the contract to the $50; and (2) a delegation of A’s duty to teach guitar to C.  In this example, A is both the “assignor” and the “delegee” who d elegates the duties to another (C), C is known as the “ obligor ” who must perform the obligations to the assignee , and B is the “ assignee ” who is owed duties and is liable to the “ obligor ”.

(1) Assignment of Rights/Duties Under Contract Law

There are a few notable rules regarding assignments under contract law.  First, if an individual has not yet secured the contract to perform duties to another, he/she cannot assign his/her future right to an assignee .  That is, if A has not yet contracted with B to teach B guitar, A cannot assign his/her rights to C.  Second, rights cannot be assigned when they materially change the obligor ’s duty and rights.  Third, the obligor can sue the assignee directly if the assignee does not pay him/her.  Following the previous example, this means that C ( obligor ) can sue B ( assignee ) if C teaches guitar to B, but B does not pay C $50 in return.

            (2) Delegation of Duties

If the promised performance requires a rare genius or skill, then the delegee cannot delegate it to the obligor.  It can only be delegated if the promised performance is more commonplace.  Further, an obligee can sue if the assignee does not perform.  However, the delegee is secondarily liable unless there has been an express release of the delegee.  That is, if B does want C to teach guitar but C refuses to, then B can sue C.  If C still refuses to perform, then B can compel A to fulfill the duties under secondary liability.

Lastly, a related concept is novation , which is when a new obligor substitutes and releases an old obligor.  If novation occurs, then the original obligor’s duties are wiped out. However, novation requires an original obligee’s consent .  

Property Law

Under property law, assignment typically arises in landlord-tenant situations.  For example, A might be renting from landlord B but wants to another party (C) to take over the property.   In this scenario, A might be able to choose between assigning and subleasing the property to C.  If assigning , A would be giving C the entire balance of the term, with no reversion to anyone whereas if subleasing , A would be giving C for a limited period of the remaining term.  Significantly, under assignment C would have privity of estate with the landlord while under a sublease, C would not. 

[Last updated in May of 2020 by the Wex Definitions Team ]

  • business law
  • landlord & tenant
  • property & real estate law
  • trusts, inheritances & estates
  • wex definitions

Contact us whenever you need it!

+1 855 997 0206

Contact hours: Mon-Fri 8am - 10pm ET

  • LawDistrict ❯
  • Legal Dictionary

Assignment is a legal definition that refers to the transfer of rights, property, or other benefits between two parties. The party allocating the rights is known as the “assignor”, while the one receiving them is called the “assignee”. The other original party to the contract is known as the “ obligor ”.

A burden, duty, or detriment cannot be transferred as an assignment without the agreement of the assignee . Furthermore, the assignment can be carried out as a gift, or it may be paid for with a contractual consideration .

Keep reading to learn how this important legal term is used both in contract and property law and to see relevant examples.

  • Assignment Examples

A common example of assignment within property law can be seen in rental agreements between landlords and tenants. For example, a tenant may be renting from a landlord but wants another party to take over the property . In this scenario, the tenant may be able to choose between assigning the lease to a new tenant or subleasing it.

If assigning it, the new tenant will be given the entire balance of the term, with no reversion to anyone else being possible. In other words, the new tenant would have a legal relationship with the landlord. On the other hand, if subleasing the property, the new tenant would be given a limited term and no legal responsibility towards the property owner, only towards the original tenant.

Another example of assignment can be seen within contract law . Let’s say that a school hires a piano teacher for a monthly employment contract with a salary of $2000 per month. As long as there is consent from all parties, the teacher could assign their contract to another qualified piano instructor.

This would be an assignment both of the piano teacher’s rights to receive $2000 per month, and a delegation of their duty to teach piano lessons. This illustrates the fact that under contract law, assignment always includes a transfer of both rights and duties between the parties. If a breach of contract is made by either party, for example for defective performance, then the new teacher or the school can sue each other accordingly.

  • Legal Requirements for Assignment

For an assignment to be legally valid, it must meet certain requirements . If these are not met, a trial court can determine that the transfer of rights did not occur. The legal requirements for assignment are as follows:

  • All parties must consent and be legally capable to carry out the assignment.
  • The objects, rights, or benefits being transferred must be legal.
  • The assignment is not against public policy or illegal.
  • Some type of consideration is included if necessary.
  • The contract in question must already be in place and doesn’t prohibit assignment.
  • If a duty is being transferred, and it requires a rare genius or skill, then it cannot be delegated.
  • The assignment doesn’t significantly change the expected outcome of a contract.
  • Assignment Steps

To successfully assign a contract, certain steps must be followed to ensure the process is legally valid. The necessary assignment steps are listed below:

  • Ensuring there is no anti-assignment clause in the contract.
  • Executing the assignment by transferring the obligations and rights to a third party.
  • Notifying the obligor of the transfer, which in turn relieves the assignor of any liability.
  • Avoiding Assignment

In certain situations, one of the two parties may not want to allow their counterpart to assign the contract. This can be prevented by setting anti-assignment clauses in the original contract. An example of this is making it necessary for prior written consent to be attained from the other parties before the assignment is approved. Nevertheless, an anti-assignment clause cannot be included in an assignment that was issued or ordered by a court.

  • Assignment vs. Novation

Novation occurs when a party would like to transfer both the benefits and burden of a contract to another party. This is similar to assignment in the sense that the benefits are transferred, but in this case, the burden is also passed on. When novation is finalized, the original contract is deleted and a new one is created, in which a third party becomes responsible for all the obligations and rights of the original contract.

  • Assignment vs. Delegation

Although delegation and assignment are similar in purpose, they are two different concepts. Delegation refers to transferring the obligation to a third party without an assignment contract . While in assignment an entire contract and its rights and benefits can be passed on, in delegation only a particular contractual task or activity is transferred.

Let’s look at an example . Lisa is a homeowner that wants to hire Michael with an independent contractor agreement to remodel her garage. He plans to do all the work himself, but he’s not a painter, so he wants to delegate the painting work to his friend Valentina.

In this example, the contract is between Lisa, the obligor, and Michael, the delegator. Valentina would then be known as a delegatee, she doesn’t assume responsibility for the contract nor does she receive the contractual benefits, which in this case would be monetary compensation. However, Michael may have a separate agreement with Valentina to pay her in return for her work.

It’s also important to note that some duties are so specific in nature that it’s not possible to delegate them. In addition, if a party wants to avoid delegation , it’s recommended to add a clause to prevent the other party from delegating their duties.

Create a Customizable Legal Form Now

Get 7 Days Total Access to Our Entire Catalog!

Related Content

  • practice notes (2016)
  • precedents (687)
  • q&as (774)
  • News (1440)

Assignment definition

What does assignment mean, view the related practice notes about assignment, assignment and succession of tenancy.

AssignmentAssignment is the transfer of the interest in the tenancy to another person. Assignment of a secure periodic tenancy is...


This Practice Note examines the following legal and practical matters in relation to entering into a subcontract or when granting...

Discover our 2016 Practice Notes on Assignment

View the related precedents about Assignment

Property warranties (short-form) in an asset purchase, step-in rights and sra compliance clauses: law firm outsourcing agreement.

Dive into our 687 Precedents related to Assignment

View the related q&as about Assignment

Does a company charity (in administration) have to file accounts/annual returns with the commission even if it has ceased trading does a company in administration have to file docs at companies house is there anything special that a company in administration needs to do when selling land, property and assets from administration it is not to connected party, but if it was, would that make a difference.

Does a company charity (in administration) have to file accounts/annual returns with the Commission even if it has ceased...

Mr and Mrs X jointly own a residential property, over which Company A has the benefit of a charging order in respect of Mr X's share. Company A was dissolved in 2009 following MVL and Mr X died in 2019. When Mrs X sells the property, should she pay the monies to Company A's former liquidators or to the Crown as bona vacantia property? Company A obtained the judgment against Mr X in 2007 for the sum of £2,000, which led to the charging order. Is there a presumption that there would be no interest payable on the judgment debt?

Mr and Mrs X jointly own a residential property, over which Company A has the benefit of a ...

See the 774 Q&As about Assignment

View the related News about Assignment

Banking & finance—november 2023 case round-up.

Banking & Finance analysis: This News Analysis provides a summary of the cases we have alerted in Banking & Finance...

Construction weekly highlights—30 November 2023

This week's edition of Construction weekly highlights includes the publication of the Building Safety Regulator’s strategic plan for the years...

Read the latest 1440 News articles on Assignment

Speed up all aspects of your legal work with tools that help you to work faster and smarter. Win cases, close deals and grow your business–all whilst saving time and reducing risk.

Access this content for free with a 7 day trial of LexisNexis and benefit from:

  • Instant clarification on points of law
  • Smart search
  • Workflow tools
  • 36 practice areas

** Trials are provided to all LexisNexis content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisNexis services please email customer service via our online form. Free trials are only available to individuals based in the UK, Ireland and selected UK overseas territories and Caribbean countries. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.

"I would say that the amount of time I take to draft a good, comprehensive submission has been cut down by at least 60 to 70%. Having all these sources, commentary and journals at my fingertips is brilliant."


Access all documents on Assignment

0330 161 1234

assignment legal term

  • International Sales(Includes Middle East)
  • Latin America and the Caribbean
  • Netherlands
  • New Zealand
  • Philippines
  • South Africa
  • Switzerland
  • United States
  • Research & Reports
  • LexTalk Forum

Popular Links

  • Supplier Payment Terms
  • Partner Alliance Programme


  • Legal Help and Support
  • Tolley Tax Help and Support
  • Privacy Policy
  • Cookie Settings
  • Terms & Conditions
  • Data Protection Inquiry
  • Protecting Human Rights: Our Modern Slavery Agreement

assignment legal term

Construction notes

Legal terms explained: assignment.

This post is part of the following categories:

Construction Law (Journal) , Legal Terms Explained

What is assignment?

An assignment is the transfer of an interest from one party (“ assignor ”) to another (“ assignee ”). Assignment allows the assignor to transfer the benefit of a contract to the assignee. For example, the tenant of recently built office premises may transfer the benefit of a collateral warranty originally granted in its favour to a subsequent tenant.

Without express words, assignment usually involves an assignment of accrued and future rights. Clear words are required to assign only future rights under a contract ( Energy Works (Hull) Ltd v MW High Tech Projects UK and others [2020] EWHC 2537 (TCC)).

Assignment in a construction context typically refers to a legal or equitable assignment (although assignment can also occur by other means, e.g. operation of law). A key difference between legal and equitable assignments is that, in the case of a legal assignment, the assignee may enforce any assigned rights in its own name. In contrast, following an equitable assignment, the assignee would need to join the assignor in any action brought to enforce its rights.

To take effect as a legal assignment under English law, an assignment must comply with section 136(1) of the Law of Property Act 1925 (“ LPA 1925 “). This requires the assignment to be: (i) in writing; (ii) absolute; and (iii) expressly notified in writing to the other party to the contract (“ debtor “). In practice, parties tend to effect a legal assignment by way of an assignment agreement or deed of assignment to ensure that these requirements are satisfied.

However, if the parties fail to meet any of the requirements set out in LPA 1925 the assignment will usually have equitable effect. Equitable assignments may arise orally or in writing, and whilst recommended, there is no need to notify the debtor, provided a clear intention to assign can be established. Neither legal nor equitable assignments generally require the debtor’s consent.

  Assignment v novation

Although both terms are sometimes used interchangeably, assignment should be distinguished from novation. The most notable difference is that assignment only transfers the benefit of a contract (e.g. a warranty that works have been carried out to the required standard), whereas a novation transfers both the benefit and the burden (e.g. an obligation to pay for a service). As novation also requires the consent of all parties, it will typically be effected by a tripartite agreement between the novating party, the party to whom the contract is to be novated, and the counterparty to the relevant contract.

  Some issues concerning assignment

  • Restrictions on assignment – Unless there is an express prohibition in the contract, the parties will usually be free to assign the benefit of a contract. However, many standard form building contracts, including the JCT Design and Build Contract, prohibit assignment, or allow it only subject to certain conditions. In this regard, a developer may seek to amend the contract to reduce any restrictions on their ability to assign. In contrast, a contractor may seek to limit any rights to assign, for example by specifying the number of permitted assignments. This is often linked to the contractor’s professional indemnity insurance terms which may provide for restricted cover in respect of successive assignments.
  • Ineffective assignment where prohibited – If a party purports to assign a right in contravention of an assignment clause, the assignment will only be effective as between the assignee and the assignor, and will not be enforceable against the debtor.
  • Means of assignment – A clause in a contract permitting assignment is not sufficient to effect an assignment. There must be a separate document or oral agreement to show the assignor’s intention to assign ( Allied Carpets Group Plc v Macfarlane (t/a Whicheloe Macfarlane Partnership) [2002] EWHC 1155 (TCC)).

* This is an updated version of an article originally published as part of the ‘Legal Terms Explained’ series of Construction Law .

For further information, please contact James Doe, David Nitek, Noe Minamikata or your usual Herbert Smith Freehills contact.

James Doe

Share this:

Leave a reply cancel reply.

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Save my name, email, and website in this browser for the next time I comment.

  • Practical Law

Practical Law UK Glossary 1-107-6442  (Approx. 4 pages)

  • Lending: General
  • After Death
  • General Contract and Boilerplate
  • Security and Quasi Security

Assignment Law: Everything You Need to Know

In legal terms, the meaning of an assignment is a contractual obligation to transfer a property title or right from one party to another. 3 min read

The term assignment law is used in the law of real estate and in the law of contracts. In both instances, it relates to the transfer of rights held by one party (the assignor) to another party (the assignee).

Assignment Law

In legal terms, the meaning of an assignment is a contractual obligation to transfer a property title or right from one party to another. Generally, the assignment is transferred based on an entire interest in the property, chattel, estate, or other item assigned.

A grant is different from an assignment in that an assignment refers to the right to transfer the property. This is considered an intangible right. On the other hand, the grant is concerned about the physical transfer of property. This is a tangible right. For example, a payee can assign their rights to collect a note payment to a bank. 

The terms of the contract must be analyzed to determine if the right of assignment is prohibited. For example, a property owner may allow a lease to be assigned, ordinarily along with an assumption agreement, where the new tenant is now responsible for the payments and duties of the lease.

The holder of a trademark may transfer it, either by giving or selling their interest in the trademark to another party. This is referred to as an assignment. The party that receives the benefit is called the assignee. Once transferred, the assignee has the ability to exclude others from using their trademark.

In order for the assignment to be enforceable, it must be in writing and have the goodwill of the company attached to the mark. For an assignment to be effective, it must contain the fundamental aspects of a contract, such as:

  • Parties with legal capacity
  • Legality of object
  • Consideration consent

A contract assignment occurs when a party assigns their contractual rights to a third party. The benefit the issuing party would have received from the contract is now assigned to the third party. The party appointing their rights is referred to as the assignor, while the party obtaining the rights is the assignee. Essentially, the assignor prefers that the assignee reverses roles and assumes the contractual rights and obligations as stated in the contract. Before this can occur, all parties to the original contract must be notified.

How Assignments Work

The specific language used in the contract will determine how the assignment plays out. For example , one contract may prohibit assignment, while another contract may require that all parties involved agree to it before proceeding. Remember, an assignment of contract does not necessarily alleviate an assignor from all liability. Many contracts include an assurance clause guaranteeing performance. In other words, the initial parties to the contract guarantee the assignee will achieve the desired goal.

When Assignments Will Not Be Enforced

The following situations indicate when an assignment of a contract is not enforced:

  • The contract specifically prohibits assignment
  • The assignment drastically changes the expected outcome
  • The assignment is against public policy or illegal

Delegation vs. Assignment

Occasionally, one party in a contract will desire to pass on or delegate their responsibility to a third party without creating an assignment contract. Some duties are so specific in nature that they cannot be delegated. Adding a clause in the contract to prevent a party from delegating their responsibilities and duties is highly recommended.

Three Steps to Follow if You Want to Assign a Contract

There are three main steps to take if you're looking to assign a contract:

  • Make sure the current contract does not contain an anti-assignment clause
  • Officially execute the assignment by transferring the parties' obligations and rights
  • Notify the obligor of the changes made

Once the obligor is notified, the assignor will effectively be relieved of liability.

Anti-Assignment Clauses

If you'd prefer not to allow the party you're doing business with to assign a contract, you may be able to prevent this from occurring by clearly stating anti-assignment clauses in the original contract. The three most common anti-assignment clauses are:

  • Consent required for assignment
  • Consent not needed for new owners or affiliates
  • Consent not unreasonably withheld

Based on these three clauses, no party in the contract is allowed to delegate or assign any obligations or rights without prior written consent from the other parties. Any delegation or assignment in violation of this passage shall be deemed void. It is not possible to write an anti-assignment clause that goes against an assignment that is issued or ordered by a court.

If you need help with assignment law, you can  post your job  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

  • Legal Assignment
  • Assignment Contract Law
  • Assignment of Rights and Obligations Under a Contract
  • Assignment of Rights Example
  • Assignment Legal Definition
  • What Is the Definition of Assigns
  • Consent to Assignment
  • Assignment Of Contracts
  • Delegation vs Assignment
  • Assignment of Contract Rights

The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

ASSIGNMENT Definition & Legal Meaning

Definition & citations:.

In contracts. 1. The act by which one person transfers to another, or causes to vest in that other, the whole of the right, interest, or property which he has in any realty or personalty, in possession or in action, or any share, interest, or subsidiary estate therein. Seventh Nat. Bank v. Iron Co. (C. C.) 35 Fed. 440; Haug v. Riley, 101 Ga. 372, 29 S. E. 44, 40 L It A. 244. More particularly, a written transfer of property, as distinguished from a transfer by mere delivery. 2. In a narrower sense, the transfer or making over of the estate, right, or title which one has in lands and tenements; and, in an especially technical sense, the transfer of the unexpired residue of a term or estate for life or years. Assignment does not include testamentary transfers. The idea of an assignment is essentially that of a transfer by one existing party to another existing party of some species of property or valuable interest, except in the case of an executor. Ilight v. Sackett, 34 N. Y. 447. 3. A transfer or making over by a debtor of all his property and effects to one or more assignees in trust for the benefit of his creditors. 2 Story, Eq. Jur.

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

Browse Legal Articles

Business Formation

Business Law

Child Custody & Support

Criminal Law

Employment & Labor Law

Estate Planning


Intellectual Property


Motor Vehicle Accidents

Personal Injury

Real Estate & Property Law

Traffic Violations

Browse by Area of Law

Powered by Black’s Law Dictionary, Free 2nd ed., and The Law Dictionary .

About The Law Dictionary

Terms and Conditions

Privacy Policy

assignment legal term

  • USLegal Home
  • Definitions Home
  • Definitions
  • Questions & Answers
  • Ask a Question
  • Articles/Guides
  • Legal Topics
  • Find Attorney
  • Legal Forms
  • Legal Guides
  • Locate Lawyers
  • Attorney Directory
  • Privacy Policy


  • Legal Definitions
  • Assignments

Happy family

Find a legal form in minutes

Browse US Legal Forms’ largest database of 85k state and industry-specific legal forms.

  • Connecticut
  • District of Columbia
  • Massachusetts
  • Mississippi
  • New Hampshire
  • North Carolina
  • North Dakota
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • West Virginia
  • Last Will and Testament
  • Power of Attorney
  • Promissory Note
  • LLC Operating Agreement
  • Living Will
  • Rental Lease Agreement
  • Non-Disclosure Agreement

Assignments Law and Legal Definition

Assignment in legal terms means the transfer of a property right or title to some particular person under an agreement, usually in writing. Unless an assignment is qualified in some way, it is generally considered to be a transfer of the transferor's entire interest in the estate, chattel, or other thing assigned. An assignment is distinguished from a grant in that an assignment is usually limited to the transfer of intangible rights, including contractual rights, choses in action, and rights in or connected with property, rather than, as in the case of a grant, the property itself. For example, the payee may assign his or her rights to collect the note payments to a bank. Some contracts restrict the right of assignment, so the terms of the contract must be read to determine if assignment is prohibited. In a further example, a landlord may permit a lease to be assigned, usually along with an assumption agreement, whereby the new tenant becomes responsible for payments and other duties of the original lessee.

The owner of a trademark/mark may transfer, give or sell to another person the owner's interest in the trademark/mark. This type of agreement/gift is called an assignment, and the person who receives the owner's interest is called an assignee. An assignee has the right to exclude others from using the trademark/mark. To be enforceable, the assignment must be in writing and signed. It must also include the goodwill of the business connected with the mark.

An assignment, to be effective, must contain the fundamental elements of a contract generally, such as parties with legal capacity, consideration, consent, and legality of object. Words of an assignment are, assign, transfer, and set over; but the words grant, bargain, and sell, or any other words which will show the intent of the parties to make a complete transfer, will amount to an assignment.The deed by which an assignment is made is also called an assignment. In the absence of special statutory provision, no words of art and no special form of words are necessary to effect an assignment.

Legal Definition list

  • Assignment-of-Income Doctrine
  • Assignment Without Goodwill
  • Assignment Proper
  • Assignment Pro Tanto
  • Assignment Order
  • Assignor Estoppel[Patent law]
  • Assimilation
  • Assimilative Crimes Act

Related Legal Terms

  • Recording Trademark Assignments

Legal Information

  • Personal Legal Forms
  • Business Legal Forms
  • FormsPass Subscriptions

For Consumer

  • Information
  • Get Legal Help
  • Attorney Assistance
  • Partner with us

For Business

Customer support.

  • 1-877-389-0141
  • Terms of Service
  • Why USLegal?
  • US Legal Forms
  • airSlate Work Flows

The Washington Post


  1. Assignment-legal

    assignment legal term

  2. Term Assignment

    assignment legal term

  3. 6 Legal Writing Tips to Draft a Perfect Tort Law Assignment @ GlobalAssignmentHelp

    assignment legal term

  4. Term Assignment

    assignment legal term

  5. Term Assignment

    assignment legal term

  6. Term Assignment

    assignment legal term



  2. Legal and Ethical obligation Assignment

  3. # legal term #

  4. must known these 5 legal term#lawstudies#lawofattraction#legalawareness#lawreform#study#lawncare

  5. Chason Nov Pt8 Superintendent claims no punitive intent but wants to “reset her behavior”

  6. What do you understand by the term legal system? LLB part 2 introduction to world legal system


  1. What Is a Deed of Assignment?

    In real property transactions, a deed of assignment is a legal document that transfers the interest of the owner of that interest to the person to whom it is assigned, the assignee. When ownership is transferred, the deed of assignment show...

  2. What Does the Legal Term “disposed” Mean?

    The Free Dictionary gives the legal definition of “disposed” as apportioned or distributed. US Legal further explains that dispose means to attend or settle a situation.

  3. What Does the Legal Term “discovery” Mean?

    In the legal world, the term “discovery” is used to describe the formal process that a lawyer uses to obtain information from the opposing side before trial. Generally, discovery involves the opposing side answering interrogatory questions ...

  4. Assignment (law)

    Assignment is a legal term used in the context of the laws of contract and of property. In both instances, assignment is the process whereby a person

  5. assignment

    Assignment is a legal term whereby an individual, the “assignor,” transfers rights, property, or other benefits to another known as the “assignee.

  6. What is an Assignment? Legal Definition

    Assignment is a legal term referring to the transfer of a right from one party to another. It plays an important role in both contract and property law.

  7. Assignment Definition

    An assignment is an immediate transfer of an existing proprietary right, vested or contingent from one party to another. Assignments can occur by consent.

  8. Legal Terms Explained: Assignment

    A key difference between legal and equitable assignments is that, in the case of a legal assignment, the assignee may enforce any assigned

  9. Assignment Legal Definition: Everything You Need to Know

    The legal definition of assignment is when a person transfers a piece of property or contractual rights to another person.

  10. Assignment

    The transfer of a right from one party to another. For example, a party to a contract (the assignor) may, as a general rule and subject to the express terms

  11. Assignment Law: Everything You Need to Know

    In legal terms, the meaning of an assignment is a contractual obligation to transfer a property title or right from one party to another. Generally, the

  12. ASSIGNMENT Definition & Legal Meaning

    Find the legal definition of ASSIGNMENT from Black's Law Dictionary, 2nd Edition. In contracts. 1. The act by which one person transfers to another

  13. Assignments Law and Legal Definition

    Assignment in legal terms means the transfer of a property right or title to some particular person under an agreement, usually in writing.

  14. What is assignment in contract law?

    In contract law, assignment refers to transferring an agreement's ... term prohibiting assignment, called an anti-assignment clause. The