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.
This template allows an assignment of contracts between two parties. It can be used to transfer a wide range of contracts, but is particularly suitable for assigning customer contracts to the buyer of a business. Also included with the agreement is a letter template to customers informing them of the assignment.
This deed of assignment transfers the rights to an insurance policy or endowment policy to another party. It can be used when gifting or selling the policy, or as part of a settlement of a divorce or separation. It is easy to complete.
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.
If the document isn’t right for your circumstances for any reason, just tell us and we’ll refund you in full immediately.
We avoid legal terminology unless necessary. Plain English makes our documents easy to understand, easy to edit and more likely to be accepted.
You don’t need legal knowledge to use our documents. We explain what to edit and how in the guidance notes included at the end of the document.
We offer free support by email in respect of editing the document. You can also use our Document Review Service if you want to our legal team to check that the document will do as you intend.
Our documents comply with the latest relevant law. Our lawyers regularly review how new law affects each document in our library.