Deed of Assignment

A Deed of Assignment is used to assign the benefit of a contract to a third party.

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Last updated October 23, 2025

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Deed of Assignment

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What is a deed of assignment?

A deed of assignment is a legal document that transfers the benefits of a contract from one party (the assignor) to another party (the assignee), without transferring the original obligations or liabilities.
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When should you use a deed of assignment?

Use a deed of assignment when you want to transfer your rights or benefits under an existing contract to a third party, such as the right to receive payment, but not your obligations to perform under the contract.
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What should be in a deed of assignment?

A deed of assignment should clearly identify the parties, specify the rights or benefits being assigned, state the consideration (if any), and be properly signed and witnessed to be legally valid.
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Frequently asked questions

What types of contract rights can be assigned?

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Do I need the other party’s consent to assign my contract rights?

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What are the main risks involved?

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How is a deed of assignment different from a deed of novation?

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What steps should I take after completing the deed?

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Are there any stamp duty or tax implications?

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Can I assign both rights and obligations under my contract?

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View Sample Deed of Assignment

Deed of Assignment
risk level indicator at Medium level

The Legal Risk Score of a Deed of Assignment Template is Medium

Our legal team have marked this document as medium risk considering:

  • The document must be properly executed as a deed.
  • The document may deal with large amounts of assets.
  • The assignment may require approval from other parties in order to be effective.

Meet Our Users

Articles about Deed of Assignment

What Is A Deed Of Priority?
By Paul Taylor|Jun 2, 2025

What Is A Deed Of Priority?

It's likely you'll come across an important legal document known as a Deed of Priority at some point. Read more about what they are and how they work here.

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The Lawpath Blog

Stay up to date with legal concepts, tactics and strategies for your business

What is the Difference Between Deeds and Agreements?
By Angela Omari|Mar 15, 2022

What is the Difference Between Deeds and Agreements?

Interested in learning more about the differences between deeds and agreements? This blog will explain everything you need to know.

Should Employees Sign a Deed of Release?
By Paul Taylor|Nov 26, 2025

Should Employees Sign a Deed of Release?

Being an employer can be challenging. As employees come and go, it's good to know when a deed of release is useful. Read more about when to use one here.

How to Transfer a Trademark: Trademark Assignment
By Zoe Spanos|Sep 17, 2022

How to Transfer a Trademark: Trademark Assignment

Trademark owners may transfer the rights to use their trademarks through licensing or full assignment. Find out more in this article.

What is an In Specie Transfer?
By Ilyas Omari|May 14, 2025

What is an In Specie Transfer?

When a business transfers the asset as it is, instead of cash received by selling the asset, it is called an in specie transfer.

What is a Deed of Settlement? (2025 Update)
By Ilyas Omari|May 14, 2025

What is a Deed of Settlement? (2025 Update)

Looking for an alternative to litigation? Find out how a deed of settlement can provide a negotiated resolution to your legal dispute here.

How Can I Assign My Intellectual Property?
By Zoe Spanos|Sep 20, 2022

How Can I Assign My Intellectual Property?

Claiming your intellectual property through IP ownership can protect your ideas. It is also capable of being sold though intellectual property assignment thereby making it a valuable asset to have.

What Is A Release Deed?
By Raja Abbas|Dec 3, 2024

What Is A Release Deed?

A deed of release is important as it ensures both parties are fully aware of the agreements and terms of a settlement. This article will cover everything you need to know about release deeds.

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