Assignment (or transfer) of contracts is a ticklish subject. You have to get it right otherwise you might encounter problems further down the track. Generally, if you only need, have or can obtain consent to transfer from some, not all, of the parties, assignment agreements are likely to be the solution. Closely related to assignment is novation.
Assignment agreements
Templates
Assignment agreement
6 reviews
This template is for the transfer or assignment of contracts between two parties. It can be used to transfer a wide range of contracts, but is most commonly used to assign customer contracts to the buyer of a business, either where novation is impractical, or where the original contracts allow assignment. Also included with the agreement is a letter template to customers informing them of the assignment.
Deed of assignment: life insurance policy or endowment policy
9 reviews
This is a deed of assignment for transferring the rights in an insurance policy or endowment policy to some other person or company, for money or value. Not suitable for divorce situation. It is easy to complete.
Deed of assignment: life or endowment policy by trustees
3 reviews
This deed of assignment transfers an endowment or other life assurance policy from trustees to beneficiary. It includes a template notice to the insurer that the policy has been transferred. The document is easy to complete.
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