Parties
Full legal names and entity details for assignor and assignee
A clear Deed of Assignment establishes who holds legal rights and obligations after the transfer, reduces ambiguity in enforcement or collection, and documents the assignment for third parties, creditors, or courts. Proper form and execution help prevent disputes and support recordkeeping and statutory compliance.
Organizations and individuals use Deeds of Assignment across commercial, real estate, and intellectual property contexts when rights need to move from one legal entity to another.
The assignor must be the party with legal authority to transfer the specified rights. Include an authorized officer or owner name and job title; corporate assignments typically require a corporate officer with board authorization or an attached corporate resolution.
The assignee should be identified by its full legal name and business structure. Include contact and tax identification where relevant; an assignee's signature accepts the transfer and triggers any post-assignment obligations, such as notice to counterparties.
| Field | Configuration |
|---|---|
| Assignor Signature | Required; signer role: Assignor |
| Assignee Signature | Required; signer role: Assignee |
| Witness Block | Optional/Required by state; set conditional visibility |
| Notary Acknowledgement | Include notary block if notarization required |
Choose delivery methods that meet legal and contractual notice requirements and preserve an audit trail.
Maintain copies in secure electronic storage with immutable audit logs and document retrieval controls for compliance and dispute handling.
Complete signing and delivery within the transaction schedule
Record deeds promptly to establish priority; county rules vary
File with USPTO soon after execution to update ownership
Provide notice immediately to avoid payment to the wrong party
Retain originals according to document lifecycle and statutory rules
A venture fund assigned future royalty streams to a financing partner
A medical practice assigned receivables to a collection agent
Full legal names and entity details for assignor and assignee
Concise, specific description of what is assigned and any exclusions
Amount or other value provided in exchange for the assignment
Date when the assignment takes legal effect
Assignor's assurances of ownership and authority to transfer
How parties will give notice and whether public recording is required
Attach schedules listing assets or invoice numbers relevant to the assignment
Board minutes or resolutions authorizing the assignment for entities
Notarial certificate when required for recording or proof
Store signed documents as PDF/A or PDF; platforms should support DOCX import and PDF export
Complete all blanks before witnesses or notary appear
All parties sign in the physical or remote presence required by state law
Witnesses sign and print names where the state requires them
Notary completes the certificate and, if RON, captures required A/V
Submit to the county recorder or applicable registry
Provide executed copies to assignee, assignor, and affected parties
Store signed original or notarized copy securely
Keep audit trail and notarization journal entries
| Instrument | Deed of Assignment | Novation | Bill of Sale |
|---|---|---|---|
| Transfers Rights | |||
| Transfers Obligations | no (unless stated) | ||
| Requires Counterparty Consent | sometimes | usually | sometimes |
| Typical Use | receivables/ip | contract substitution | sale of goods |
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | No free trial | No free trial | Yes, limited | Yes, limited |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |