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New Jersey Contract  Form

New Jersey Contract Form

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Instructions and help about New Jersey Contract

hi this is Fred Neiman of Hamlin Neiman Wright at East Central New Jersey Law Firm practicing contract law in all 21 counties of the state of New Jersey I want to talk to you today about an assignment of a contract I've touched on it briefly in some of the earlier pages but an assignment of contract most often will come up when someone wants to retire sell the business but needs the consent of a third party most often a lease or an agreement to take over the performance of a contract between the parties involved an assignment of contract is not automatic there are ways in which you can defeat it there's ways that can be they can be supported but the key here is to address assignment in your contract because if your contract is silent on the subject of assigning it you may or you may not be able to do that if your circumstances change and you want to substitute someone in for yourself to perform hanging term of the agreement so an assignment of a contract important to kn

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