Keyword Analysis & Research: assignment agreement

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What is an assignment and Assumption Agreement?

An assignment and assumption agreement transfers one party's rights and obligations under a contract to another party. The party transferring her rights and duties is the assignor; the party receiving them is the assignee. Sometimes, an assignor is not completely relieved of liability even after she assigns a contract.

What is transfer and assignment agreement?

Assignment Agreement Law and Legal Definition. An assignment agreement is a contract in which one party assigns contractual rights. Assignment of rights under a contract is the complete transfer of the rights to receive the benefits accruing to one of the parties to that contract.

What is an assignment of a lease agreement?

An assignment of rents and leases is an agreement between the owner of a particular property and a designated second party. The terms and conditions allow that second party to collect any rental payments paid by tenants and to manage that property for a period of time.

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