Suffolk New York General Assignment of Contract Rights with Guaranty

State:
Multi-State
County:
Suffolk
Control #:
US-01454BG
Format:
Word; 
Rich Text
Instant download

Description

An assignment consists of a transfer of property or some right or interest in property from one person to another. Unless an assignment is qualified in some way, it is generally considered to be a transfer of the transferor's entire interest in the interest or thing assigned. Unless there is a statute that requires that certain language be used in an assignment or that the assignment be in writing, there are really no formal requirements for an assignment. Any words which show the intent to transfer rights under a contract are sufficient to constitute an assignment.

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Suffolk New York General Assignment of Contract Rights with Guaranty