Meaning & use

deed of assignment

noun·Advancedlegal

Last updated

UK/ˌdiːd əv əˈsaɪnmənt/
US/ˌdid əv əˈsaɪnmənt/

Meaning

  1. nouncountablelegal

    A signed legal document that passes ownership of a right, property or contract from one person to another.

    Grammar: Countable: the parties signed a deed of assignment.

    Patterns

    • sign a deed of assignment
    • a deed of assignment between two parties

    The landlord signed a deed of assignment transferring the lease to the new tenant.

    A deed of assignment was needed to pass the copyright to the publisher.

    The bank requested a deed of assignment before approving the loan.

Word forms

pluraldeeds of assignment

Common combinations

sign a deed of assignment
Both parties must sign a deed of assignment.
execute a deed of assignment
The solicitor will execute a deed of assignment next week.
draft a deed of assignment
The lawyer will draft a deed of assignment for the sale.
deed of assignment of rights
A deed of assignment of rights passes the contract to the buyer.
register a deed of assignment
You may need to register a deed of assignment with the authorities.

Synonyms and how they differ

transfer deed
Transfer deed is a more common term for moving land, whereas a deed of assignment also covers rights and contracts.
conveyance
Conveyance mainly refers to moving ownership of land, and it is somewhat more traditional.
assignment
Assignment alone may mean the act or any agreement, but a deed is a specific formal document.

Word family

assign verb
to give a right or property to someone
assignor noun
the person who transfers a right
assignee noun
the person who receives the right
assignment noun
the act of transferring

Commonly confused: deed of assignment or deed of covenant?

deed of assignment vs deed of covenant

A deed of covenant is a promise to do or not do something, such as paying regular sums, not a transfer of rights.

Practice

The tenant wants to pass her lease to a friend, so the lawyer prepares a ___.

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