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Deed of Assignment

This document is a Deed of Assignment between an Assignor company and an Assignee company. The Assignor is transferring and conveying to the Assignee all rights, title, and interest in a leased area, including a security deposit, improvements, and assets. The Assignee assumes all obligations of the Assignor related to the leased area as stipulated in the Contract of Lease between the lessor and the Assignee. The document is signed by representatives of both companies and witnessed.

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Joann Ledesma
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478 views2 pages

Deed of Assignment

This document is a Deed of Assignment between an Assignor company and an Assignee company. The Assignor is transferring and conveying to the Assignee all rights, title, and interest in a leased area, including a security deposit, improvements, and assets. The Assignee assumes all obligations of the Assignor related to the leased area as stipulated in the Contract of Lease between the lessor and the Assignee. The document is signed by representatives of both companies and witnessed.

Uploaded by

Joann Ledesma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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DEED OF ASSIGNMENT

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Assignment is made and entered into by and between:

____., a corporation duly existing and organized under and by virtue of the laws of
the Philippines, principal address at ________, and herein duly represented by its,
________________, Mr./Ms. _____________, hereinafter referred as the ASSIGNOR;

- and –

______, a corporation duly organized and existing under Philippine laws with
principal address at _____, and herein duly represented by its, ________________, Mr./Ms.
_____________, hereinafter referred as the ASSIGNEE;

WITNESSETH:

WHEREAS, the ASSIGNOR is a lessee of ____. Specifically at ______ referred to as Unit


___ and is doing business under the name and style “_____;”

WHEREAS, the ASSIGNOR is interested in assigning and the ASSIGNEE is interested


in acquiring whatever right, title or interest which the ASSIGNOR may have over the leased
area;

NOW THEREFORE, for and in consideration of the foregoing premises and of the
terms and conditions hereinafter set forth:

1. The ASSIGNOR hereby transfers, conveys and cedes unto the ASSIGNEE the Contract
of Lease and all his/her rights, titles, interest and participation over the leased are
2. a, including the security deposit paid to ____ the improvements and the other assets
therein.

3. The ASSIGNEE hereby assumes all obligations of the ASSIGNOR and accepts all
conditions, restrictions and stipulations which ______ impose over the leased area as
provided in the Contract of Lease which shall be entered into by and between ______
and the ASSIGNEE.

IN WITNESS HEREOF, the parties have hereunto affixed their respective signatures
on this ____________ day of __________, 2021 in ___________.

_________ ________
(ASSIGNOR) (ASSIGNEE)

Signatory of Assignor Company Signatory of Assignor Company


Position Title of Signatory Position Title of Signatory

SIGNED IN THE PRESENCE OF:


____________________________ ____________________________
Full Name & Signature of Witness Full Name & Signature of Witness

ACKNOWLEDGMENT

Republic of the Philippines)


City of ________________) S. S.

BEFORE ME, a Notary Public, for and in _______________, on this ____ day of _______________,2021,
personally appeared the following:

NAME COMPETENT PROOF VALID UNTIL OF IDENTITY

_______________________ _________________ ________________


_______________________ _________________ ________________

known to me and known to be the same persons who executed the foregoing instrument
consisting of two (2) pages including the page on which this acknowledgment is written,
signed by the parties and their instrumental witnesses on the upper left margin of each
page, and they acknowledged to me that the same is their free and voluntary act and deed
of the corporation / establishment which they represent.

IN WITNESS WHEREOF, I have hereunto set my hand affixed my notarial seal on the
date at the place first above written.

Doc. No. ____


Page No. ____
Book No. ____
Series of 2021.

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