This document assigns a contract from an Assignor to an Assignee for a sum of money and other consideration. The Assignor transfers all rights, title, and interest in the described contract, dated [DATE], to the Assignee. The Assignee agrees to assume and perform all obligations under the contract and hold the Assignor harmless from any claims. The Assignor has accepted a non-refundable deposit that will be subtracted from the assignment fee at closing.
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SLI Assignment of Contract
This document assigns a contract from an Assignor to an Assignee for a sum of money and other consideration. The Assignor transfers all rights, title, and interest in the described contract, dated [DATE], to the Assignee. The Assignee agrees to assume and perform all obligations under the contract and hold the Assignor harmless from any claims. The Assignor has accepted a non-refundable deposit that will be subtracted from the assignment fee at closing.
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ASSIGNMENT OF CONTRACT
In consideration for the sum of__________________________________
________________________________($______________) and other good and valuable consideration, (YOUR COMPANY NAME), Assignor, hereby assigns, transfers and sets over to _________________________________________________________, Assignee, all right, title and interest in and to the following described contract: ________________________________________________________(Address) dated ___________________. The Assignor warrants and represents that said contract is in full force and effect and is fully assignable. The Assignee hereby assumes and agrees to perform all obligations of the Assignor under the contract and guarantees to hold the Assignor harmless from any claim or demand made thereunder. The Assignor has accepted a non-refundable earnest money deposit of $________________, which will be subtracted from the assignment fee at closing. Signed under seal this ___ day of _________, ____. Assignor _____________________________