Guam Assignment Agreement

• Category: Contracts - Assignments
• State: Multi-State
• Control #: US-C-A-99921-1
• Format: Word; Rich Text

Description

​​An assignment of rights agreement is a written document in which one party, the assignor, assigns to another party all or part of their rights under an existing contract. The most common example of this would be when someone wants to sell their shares of stock in a company. When you buy shares from someone else (the seller), they agree to transfer them over and give up any control they had on that share. This way, another party can take ownership without going through the trouble of trying to buy the whole company themselves.