Solicitors & Lawyers
Legal Phrases
Term: assignment
1.
A transfer of either or both of the legal or equitable title in property. A chose in action may be assigned, such as intellectual property rights or contractual rights.
Usage: The assignment of the lease to the new lessee was completed on the planned date.
Related Words: chose in action; chose in possession; property; assignee; asset.
Contract Disputes – Briefing Note - Company Consents, Successors in Title and Covenants
Financial Services – In Brief - Property & Wills - August 2005
Leases – In Brief - July 2005
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