ASSIGNMENT OF CONTRACT
FOR good and valuable consideration, the undersigned Assignor hereby assigns, transfers and sets over to ___________________ (Assignee) all rights, title and interest held by Assignor in
and to the following described contract:
Assignor warrants and represents that said contract is in full force and effect and
is fully assignable.
Assignee hereby assumes and agrees to perform all the remaining and executory
obligations of Assignor under the contract and agrees to indemnify and hold Assignor harmless from any claim or demand resulting from non-performance by Assignee.
Assignee shall be entitled to all monies remaining to be paid under the contract.
Assignor warrants that the contract is without modification, and remains on the terms contained therein.
Assignor further warrants that it has full right and authority to transfer said contract and that the contract rights transferred are free of lien, encumbrance or adverse claim.
This assignment shall be binding upon and inure to the benefit of the parties, their
successors and assigns.
Signed this ____ day of ______________, 20__.
These forms are
provided AS IS. They may not be any good. Even if they are good
in one jurisdiction, they may not work in another. And the facts
of your situation may make these forms inappropriate for you.
They are for informational purposes only, and you should consult
an attorney before using them.