Assignment Agreement (South Africa) - Legal Templates - Agreements, Contracts and Forms

South African Assignment Agreement

This agreement is used when one party (the assignor) agrees to assign a contract, or the rights in a contract, or another income/object to a second party (the assignee). In exchange for the assignment, the assignee may give the assignor money or personal property, or forgive a debt or obligation.

Simply answer the questions below to personalize your Assignment Agreement

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Governing Jurisdiction:

This document will be governed by the laws of which nation?

Select a State:

Select a Province or Territory:

Select a State / Territory:

Select a Country:

Select a Region:

Select a State or Union Territory:

Select a State or District:

Select a State:

Select a State:

Select a Region:

Select a Province:

Select a Province or Region:

Select a State or Region:

Select a Division:

Assignor Details:

The Assignor is the one who is giving something in exchange for compensation.

Number of Assignors:

Assignor Information:

First Assignor's Information:

Name:

Address:

City:

Nation:

Province:

State:

Select a State / Territory:

Select a Country:

Select a Region:

Select a State or Union Territory:

Select a State or District:

Select a State:

Select a State:

Select a Region:

Select a Province:

Select a Province or Region:

Select a State or Region:

Select a Division:

Zip Code:

Second Assignor's Information:

Name:

Does the second Assignor have the same address as the first?

Yes

No

Address:

City:

Nation:

Province:

State:

Select a State / Territory:

Select a Country:

Select a Region:

Select a State or Union Territory:

Select a State or District:

Select a State:

Select a State:

Select a Region:

Select a Province:

Select a Province or Region:

Select a State or Region:

Select a Division:

Zip Code:

Assignee Details:

The Assignee is the one who is providing compensation in exchange for something belonging to the Assignor.

Number of Assignees:

Assignee Information:

First Assignee's Information:

Name:

Address:

City:

Nation:

Province:

State:

Select a State / Territory:

Select a Country:

Select a Region:

Select a State or Union Territory:

Select a State or District:

Select a State:

Select a State:

Select a Region:

Select a Province:

Select a Province or Region:

Select a State or Region:

Select a Division:

Zip Code:

Second Assignee's Information:

Name:

Does the second Assignee have the same address as the first?

Yes

No

Address:

City:

Country:

Province:

State:

Select a State / Territory:

Select a Country:

Select a Region:

Select a State or Union Territory:

Select a State or District:

Select a State:

Select a State:

Select a Region:

Select a Province:

Select a Province or Region:

Select a State or Region:

Select a Division:

Zip Code:

Nature of Assignment:

What is being Assigned?

A description could be something like: the Service Agreement to perform landscaping work, executed May 1, 2023.

Describe the Contract:

Contract is With:

Name:

Address:

City:

Nation:

Province:

State:

Select a State / Territory:

Select a Country:

Select a Region:

Select a State or Union Territory:

Select a State or District:

Select a State:

Select a State:

Select a Region:

Select a Province:

Select a Province or Region:

Select a State or Region:

Select a Division:

Zip Code:

Is the contract going to be attached to the agreement?

Yes

No

When describing the contract rights, complete the sentence: I am assigning my contractual right(s) to ______.

What are the contract rights to?

Contract is With:

Name:

Address:

City:

Nation:

Province:

State:

Select a State / Territory:

Select a Country:

Select a Region:

Select a State or Union Territory:

Select a State or District:

Select a State:

Select a State:

Select a Region:

Select a Province:

Select a Province or Region:

Select a State or Region:

Select a Division:

Zip Code:

Is the contract going to be attached to the agreement?

Yes

No

E.g. my net salary from Bob and Co. for a 10-week period.

What income is being assigned?

e.g. Patent #1029387 - Method for manufacturing a better mouse trap

Describe the intellectual property:

Make (e.g. Honda):

Model (e.g. Civic):

Year (e.g. 2023):

Body Style (e.g. Sedan):

Serial Number (e.g. 42F9BO0SB920D):

Example: three crates of apples, a vintage 1924 baseball card, etc.

Describe the property:

Example: a vintage lamp from 1898

What is being assigned?

Consideration:

The consideration provided in exchange for the assignment is:

Enter the amount:

Select the currency:

Enter Currency (e.g. US Dollars):

Select the method of payment:

Method of payment:

Enter the amount:

Select the currency:

Enter Currency (e.g. US Dollars):

E.g. a personal loan

Enter the cause of the debt:

Example: visit Bob's aging mother once a week

What was the obligation to?

Make (e.g. Toyota):

Model (e.g. Camry):

Year (e.g. 2023):

Body Style (e.g. Station Wagon):

Serial Number (e.g. 4920CV4902B92X):

Example: three crates of apples, a vintage 1924 baseball card, etc.

Enter a description of the property:

Example: three crates of apples, a vintage 1924 baseball card, etc.

Describe the consideration:

A description could be something like: the Service Agreement to perform landscaping work, executed on May 1, 2023.

Describe the Assignee's contract:

When describing the contract rights, complete the sentence: I am assigning my contractual right(s) to ______.

Describe the Assignee's contract rights:

Contract is with:

Name:

Address:

City:

Country:

Province:

State:

Select a State / Territory:

Select a Country:

Select a Region:

Select a State or Union Territory:

Select a State or District:

Select a State:

Select a State:

Select a Region:

Select a Province:

Select a Province or Region:

Select a State or Region:

Select a Division:

Zip Code:

Is the contract going to be attached to the agreement?

Yes

No

Contract is With:

Name:

Address:

City:

Country:

Province:

State:

Select a State / Territory:

Select a Country:

Select a Region:

Select a State or Union Territory:

Select a State or District:

Select a State:

Select a State:

Select a Region:

Select a Province:

Select a Province or Region:

Select a State or Region:

Select a Division:

Zip Code:

Is the contract going to be attached to the agreement?

Yes

No

Warranties:

Is there anything specific you wish to warrant about the property?

Yes

No

Describe the warranties here:

Are there any liens on the property?

Yes

No

Describe the liens:

Will these liens be removed in the near future?

Yes

No

Within how many days will the liens be removed (e.g. 60)?

Warranties:

Is there anything specific you wish to warrant about the property?

Yes

No

Describe the warranties here:

Are there any liens on the property?

Yes

No

Describe the liens:

Will these liens be removed in the near future?

Yes

No

Within how many days will the liens be removed (e.g. 60)?

Signatures Required:

To ensure the validity of this document, we recommend the presence of a notary public and at least one witness.

Will a notary public be present?

Yes

No

How many witnesses will be present?

Date of Signing:

Day (e.g. 10):

Month (e.g. June):

Year (e.g. 2023):