Deed Of Assignment (Asset Sales)

This Deed Of Assignment (Asset Sales) is intended for use where certain assets and rights are being assigned as part of a business/asset sale and the parties want those assignments documented in a deed.

What does Deed Of Assignment (Asset Sales) do?

It assigns the relevant assets and rights from the seller to the buyer where assignment is the appropriate transfer mechanism.

What does Deed Of Assignment (Asset Sales) cover?

• Assignment of book debts (where applicable).
• Assignment of contracts, goodwill and intellectual property.
• Assignment of the seller’s rights against third parties.
• Allocation of consideration across the categories of assets being assigned.
• Execution as a deed by the seller and the buyer.

When should you use Deed Of Assignment (Asset Sales)?

Use this deed where book debts (if applicable), contracts, goodwill, intellectual property and/or the seller’s rights against third parties are to be transferred by assignment as part of an asset sale.

If the seller is to pay for other matters required to give effect to the assignment, the deed includes wording that can be used for that purpose.

Deed Of Assignment (Asset Sales) is part of Corporate. Just £38.50 + VAT provides unlimited downloads from Corporate for 1 year.