Contract Assignment

1 Review

Contract Assignment Form for use in the UK.

For Immediate Download

£11.95 Add to Cart
60-Day Money Back Guarantee
Please select a state

File types included

  • Microsoft Word
  • Adobe PDF
  • WordPerfect
  • Rich Text Format

Compatible with

  • Windows
  • Mac OS X
  • Linux

For Immediate Download

£11.95 Add to Cart
60-Day Money Back Guarantee
Please select a state

Lawyer prepared

Our forms are kept up-to-date and accurate by our lawyers

Unlike other sites, every document on FindLegalForms.com is prepared by a lawyer, so you can be sure that you are getting a form that is accurate and valid in the United Kingdom.

Verified in the United Kingdom

Our forms are guaranteed
to be valid in the United Kingdom

Our team works tirelessly to keep our products current. As the laws change in the United Kingdom, so do our forms.

Over 3,500,000
satisfied customers

In over 10 years of creating and selling legal forms, our focus has never changed: providing our customers high quality legal products, low prices and an experience that takes some confusion out of the law.

60-Days Money Back

Try our forms with no risk

If you are unhappy with your form purchase for any reason at all, contact us within 60 days and we will refund 100% of your money back.
A Contract Assignment is essentially an agreement in which the original contract holder transfers or assigns the rights and responsibilities associated with that contract to another individual. The original contract holder, or assignor, can in essence transfer the remainder of the contract to the second individual who is called the assignee.

Circumstances that may warrant a transfer of contract responsibilities can be something as simple as a changeover of business obligation, the sale of a home or business, or the assuming of the contract under other circumstances.

An assignor is the only person that can transfer the responsibility of the contract to another individual.

This packet contains:
(1) Instructions and Checklist;
(2) Information about the Assignment of Contract; and
(3) The Assignment of Contract (the “Assignment”).

Law Compliance: Designed for use in England and Wales.
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.












Assignment of Contract
(England and Wales)












This Packet Includes:
1. Instructions and Checklist
2. General Information
3. Assignment of Contract





Instructions and Checklist
Assignment of Contract

   Both the Assignor (the original party to the contract) and the Assignee (the new party) should review the Assignment carefully before signing.

   Many contracts require that before a party may assign its rights in the agreement, the consent of the other original parties to the agreement is required.  You should review the contract to be assigned to determine whether another partys consent is required.

   Please note that this agreement requires that you choose whether payment (referred to as consideration in the agreement) is made by the Assignor to the Assignee or the Assignee to the Assignor.  Please choose the applicable provision and delete the other option.

   The Assignor should provide the Assignee with a copy of the original contract.
 
   The Assignor and Assignee must both sign the Assignment.  Generally each party will retain an original signed Assignment; therefore, at least two original copies of the Assignment should be executed (i.e. signed).  If a third party gives consent, they too may want an original copy of the Assignment.

   You can erase the italicized statements in the Assignment; these are just instructions to help you complete it.

   Please note that for Limited Companies two Directors or a Director and the company Secretary must sign.  For LLPs two Members must sign.

   Two sets of signature blocks have been included.  Use the set applicable to your situation and erase the other.




General Information
Assignment of Contract


An assignment of contract is an agreement where a person who originally was a party to a contract (the “Assignor”) assigns his/her rights and responsibilities under that contract to another person (the “Assignee”).   The Assignor may choose to use an assignment for a number of reasons including change of business circumstances, financial concerns or other changes in circumstance.

Depending on your original contract, to perform an assignment you may also need the consent of the other original parties to the contract.  Review your original contract to determine whether such consent is required.  If it is, contact that third party.  The law generally does not require that they consent to an assignment, so it is best to handle the situation diplomatically.






DISCLAIMER:

FindLegalForms, Inc. (“FLF”) is not a law firm and does not provide legal advice.  The use of these materials is not a substitute for legal advice. Only a lawyer/solicitor/barrister can provide legal advice.  A lawyer/solicitor/barrister should be consulted for all serious legal matters.  No Lawyer-Client / Solicitor-Client relationship is created by use of these materials.  
THESE MATERIALS ARE PROVIDED “AS-IS.  FLF DOES NOT GIVE ANY EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, SUITABILITY OR COMPLETENESS FOR ANY OF THE MATERIALS FOR YOUR PARTICULAR NEEDS.  THE MATERIALS ARE USED AT YOUR OWN RISK.  IN NO EVENT WILL:  I) FLF, ITS AGENTS, PARTNERS, OR AFFILIATES; OR II) THE PROVIDERS, AUTHORS OR PUBLISHERS OF ITS MATERIALS, BE RESPONSIBLE OR LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATE OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER USED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THESE MATERIALS. 

The use of these materials is subject to the “Terms and Conditions” found at findlegalforms.com. 






Assignment of Contract


This Assignment of Contract (the “Assignment”) is made and entered on _____________________________________________, ___________, by and between _________________________________________ (“Assignor”) and _______________________________________ (“Assignee”) (collectively referred to as the “Parties”).  Assignor is a party in the ______________________agreement dated _________________ between the Assignor and ___________________________ (“Other Party”) for a term ending on ______________, 20___  (the “Master Contract”).  

The Parties agree as follows:
1.  ASSIGNMENT: In consideration of £ ________  paid by [choose applicable provision [Assignor to Assignee] or [Assignee to Assignor]], Assignor hereby assigns to Assignee all its rights and obligations under the Master Contract.  
2. ASSUMPTION OF OBLIGATIONS:  Assignee acknowledges the receipt of a copy of the Master Contract.  Assignee hereby assumes all of Assignors rights and obligations remaining in the Master Contract.  Assignee agrees to comply with all the terms, make all payments, and perform all conditions and covenants in the Master Contract as if Assignee were an original party therein.  

3.  INDEMNIFICATION:  Assignee will indemnify, protect and hold Assignor harmless from and against any and all loss, cost, or damage in any way related to Assignees breach or default of the obligations or covenants in the Master Contract or this Assignment.  
4.  ASSIGNORS REPRESENTATIONS:  Assignor warrants and represents that the Master Contract is in full force and effect and fully assignable or may be assigned with consent of Other Party (such consent to be obtained by Assignor before executing this Assignment).  Assignor further warrants that the contract rights and obligations transferred in this Assignment are free of lien, encumbrance or adverse claim.

5. BINDING EFFECT: The covenants and conditions contained in the Assignment shall apply to and bind the Parties and their heirs, legal representatives, successors and assigns.

6.  CLAUSE HEADINGS: are for convenience of reference only and have no effect in limiting or extending the language of the provisions to which they refer.

7. ADDITIONAL TERMS & CONDITIONS [Specify “none” if there are no additional provisions]
____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
IN WITNESS WHEREOF, the Parties have signed this Assignment the day and year first above written.

[If a limited company or LLP, use signature block A.]

A.  

ASSIGNOR:
   
Signed for and on behalf of [insert company or LLP name]: __________________________________________

acting by

Signature: _______________________________________
Full Name:  ______________________________________

and

Signature: ________________________________________
Full Name:  _______________________________________



ASSIGNEE:            

Signed for and behalf of [insert company or LLP name]: __________________________________________

acting by

Signature: _______________________________________
Full Name:  ______________________________________

and

Signature: ________________________________________
Full Name:  _______________________________________


[If parties are individuals use signature block B.]

B.  

ASSIGNOR:   

Signature: _______________________________________
Full Name:  ______________________________________

In the presence of

Signature: ________________________________________
Full Name:  _______________________________________
Address:  _________________________________________________________________


ASSIGNEE:            

Signature: _______________________________________
Full Name:  ______________________________________

In the presence of

Signature: ________________________________________
Full Name:  _______________________________________
Address:  _________________________________________________________________



OTHER PARTY CONSENT

If Other Partys consent is not required, Assignor shall initial here [____].

The undersigned, Other Party in the Master Contract, hereby consents to the foregoing Assignment.

OTHER PARTY:

____________________________________________________

___________________________________
(Name)

Date: _____________________________

Number of Pages4
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#32642
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.












Assignment of Contract
(England and Wales)












This Packet Includes:
1. Instructions and Checklist
2. General Information
3. Assignment of Contract





Instructions and Checklist
Assignment of Contract

   Both the Assignor (the original party to the contract) and the Assignee (the new party) should review the Assignment carefully before signing.

   Many contracts require that before a party may assign its rights in the agreement, the consent of the other original parties to the agreement is required.  You should review the contract to be assigned to determine whether another partys consent is required.

   Please note that this agreement requires that you choose whether payment (referred to as consideration in the agreement) is made by the Assignor to the Assignee or the Assignee to the Assignor.  Please choose the applicable provision and delete the other option.

   The Assignor should provide the Assignee with a copy of the original contract.
 
   The Assignor and Assignee must both sign the Assignment.  Generally each party will retain an original signed Assignment; therefore, at least two original copies of the Assignment should be executed (i.e. signed).  If a third party gives consent, they too may want an original copy of the Assignment.

   You can erase the italicized statements in the Assignment; these are just instructions to help you complete it.

   Please note that for Limited Companies two Directors or a Director and the company Secretary must sign.  For LLPs two Members must sign.

   Two sets of signature blocks have been included.  Use the set applicable to your situation and erase the other.




General Information
Assignment of Contract


An assignment of contract is an agreement where a person who originally was a party to a contract (the “Assignor”) assigns his/her rights and responsibilities under that contract to another person (the “Assignee”).   The Assignor may choose to use an assignment for a number of reasons including change of business circumstances, financial concerns or other changes in circumstance.

Depending on your original contract, to perform an assignment you may also need the consent of the other original parties to the contract.  Review your original contract to determine whether such consent is required.  If it is, contact that third party.  The law generally does not require that they consent to an assignment, so it is best to handle the situation diplomatically.






DISCLAIMER:

FindLegalForms, Inc. (“FLF”) is not a law firm and does not provide legal advice.  The use of these materials is not a substitute for legal advice. Only a lawyer/solicitor/barrister can provide legal advice.  A lawyer/solicitor/barrister should be consulted for all serious legal matters.  No Lawyer-Client / Solicitor-Client relationship is created by use of these materials.  
THESE MATERIALS ARE PROVIDED “AS-IS.  FLF DOES NOT GIVE ANY EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, SUITABILITY OR COMPLETENESS FOR ANY OF THE MATERIALS FOR YOUR PARTICULAR NEEDS.  THE MATERIALS ARE USED AT YOUR OWN RISK.  IN NO EVENT WILL:  I) FLF, ITS AGENTS, PARTNERS, OR AFFILIATES; OR II) THE PROVIDERS, AUTHORS OR PUBLISHERS OF ITS MATERIALS, BE RESPONSIBLE OR LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATE OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER USED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THESE MATERIALS. 

The use of these materials is subject to the “Terms and Conditions” found at findlegalforms.com. 






Assignment of Contract


This Assignment of Contract (the “Assignment”) is made and entered on _____________________________________________, ___________, by and between _________________________________________ (“Assignor”) and _______________________________________ (“Assignee”) (collectively referred to as the “Parties”).  Assignor is a party in the ______________________agreement dated _________________ between the Assignor and ___________________________ (“Other Party”) for a term ending on ______________, 20___  (the “Master Contract”).  

The Parties agree as follows:
1.  ASSIGNMENT: In consideration of £ ________  paid by [choose applicable provision [Assignor to Assignee] or [Assignee to Assignor]], Assignor hereby assigns to Assignee all its rights and obligations under the Master Contract.  
2. ASSUMPTION OF OBLIGATIONS:  Assignee acknowledges the receipt of a copy of the Master Contract.  Assignee hereby assumes all of Assignors rights and obligations remaining in the Master Contract.  Assignee agrees to comply with all the terms, make all payments, and perform all conditions and covenants in the Master Contract as if Assignee were an original party therein.  

3.  INDEMNIFICATION:  Assignee will indemnify, protect and hold Assignor harmless from and against any and all loss, cost, or damage in any way related to Assignees breach or default of the obligations or covenants in the Master Contract or this Assignment.  
4.  ASSIGNORS REPRESENTATIONS:  Assignor warrants and represents that the Master Contract is in full force and effect and fully assignable or may be assigned with consent of Other Party (such consent to be obtained by Assignor before executing this Assignment).  Assignor further warrants that the contract rights and obligations transferred in this Assignment are free of lien, encumbrance or adverse claim.

5. BINDING EFFECT: The covenants and conditions contained in the Assignment shall apply to and bind the Parties and their heirs, legal representatives, successors and assigns.

6.  CLAUSE HEADINGS: are for convenience of reference only and have no effect in limiting or extending the language of the provisions to which they refer.

7. ADDITIONAL TERMS & CONDITIONS [Specify “none” if there are no additional provisions]
____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
IN WITNESS WHEREOF, the Parties have signed this Assignment the day and year first above written.

[If a limited company or LLP, use signature block A.]

A.  

ASSIGNOR:
   
Signed for and on behalf of [insert company or LLP name]: __________________________________________

acting by

Signature: _______________________________________
Full Name:  ______________________________________

and

Signature: ________________________________________
Full Name:  _______________________________________



ASSIGNEE:            

Signed for and behalf of [insert company or LLP name]: __________________________________________

acting by

Signature: _______________________________________
Full Name:  ______________________________________

and

Signature: ________________________________________
Full Name:  _______________________________________


[If parties are individuals use signature block B.]

B.  

ASSIGNOR:   

Signature: _______________________________________
Full Name:  ______________________________________

In the presence of

Signature: ________________________________________
Full Name:  _______________________________________
Address:  _________________________________________________________________


ASSIGNEE:            

Signature: _______________________________________
Full Name:  ______________________________________

In the presence of

Signature: ________________________________________
Full Name:  _______________________________________
Address:  _________________________________________________________________



OTHER PARTY CONSENT

If Other Partys consent is not required, Assignor shall initial here [____].

The undersigned, Other Party in the Master Contract, hereby consents to the foregoing Assignment.

OTHER PARTY:

____________________________________________________

___________________________________
(Name)

Date: _____________________________

Customer Reviews

Average Rating: Full Rating Star Full Rating Star Full Rating Star Full Rating Star Full Rating Star

Reviews: 1


Houston,

TX

Full Rating Star Full Rating Star Full Rating Star Full Rating Star Full Rating Star
WE ARE VERY SATISFIED WHITH YOUR SERVICE. WE MAY BE IN TOUCH FOR FUTURE ORDERS. THANK YOU


Looking for something else?