hey everyone, i came up with an Assignment Contract from info i found online. this says everything i want it to but can someone tell me if there’s something missing or something to take off? -Budd
AGREEMENT OF ASSIGNMENT
FOR VALUE RECEIVED, I, __________, as Assignor, hereby transfer and assign to ___________ as Assignee, all my rights, title, and interest in that contract between Seller ___________ and Assignor __________.
WHEREAS, Assignee hereby inherits all of Assignor’s duties, obligations, rights, interests, and benefits under said purchase and sale agreement.
WHEREAS, Assignee hereby assumes and agrees to perform all the remaining and executory obligations of the Assignor under the contract and agrees to indemnify and hold the Assignor harmless from any claim or demand resulting from non-performance by the Assignee.
WHEREAS, Assignor warrants that the contract is without modification, and remains on the terms contained. This assignment shall be binding upon Assignor and shall inure to the benefit of Assignee and it’s successors, heirs, and assigns.
CONSENT BY SELLER
I,__________, the Seller named in the contract herein consent to the assignment.
Seller
Assignor
Assignee
Dated