Home / Document templates / Assignment of Contract
Assignment of Contract
Free assignment of contract template — transfers one party's rights and obligations under a contract to a new party.
- SSL-secured
- No signup required
- Free, always
This free assignment of contract covers 1. Assignment, 2. Consideration, 3. Consent (if required), 4. Warranty, 5. Release with 7 clearly marked [placeholder] fields to fill in — built for individuals and small businesses handling a straightforward legal document themselves needing a clear, professional document without commissioning custom legal drafting for a routine situation. Copy it into your own word processor, fill in the placeholders, and review it — or adapt it — before use. It's part of docstoc's free document template library, alongside business, legal, real estate, finance, and HR templates. Every template here is free to copy with no signup required, and each one carries a plain disclaimer: this is a starting point for informational purposes, not a substitute for advice from a licensed professional in your jurisdiction.
Assignment of Contract
Assignor: [Name] (currently a party to the contract) Assignee: [Name] (taking over) Original Contract: [Reference — name and date] Date: [Date]
1. Assignment
Assignor assigns to Assignee all of Assignor's rights, title, and interest in and to the Original Contract, and Assignee assumes all of Assignor's obligations under it.
2. Consideration
In exchange for this assignment, Assignor receives: [Amount / other consideration, if any].
3. Consent (if required)
[If the Original Contract requires the counterparty's consent to assign: "This assignment is effective only upon written consent of [Counterparty Name], attached as Exhibit A."]
4. Warranty
Assignor warrants that the Original Contract is valid, in good standing, and that Assignor has the right to assign it.
5. Release
[State whether Assignor is fully released from future obligations upon assignment, or remains secondarily liable — this depends on whether the counterparty agrees to a full novation vs. a simple assignment.]
6. Governing Law
This Agreement is governed by the laws of [State/Country].
Assignor: ______________________ Date: ____________ Assignee: ______________________ Date: ____________ [If required] Counterparty consent: ______________________ Date: ____________
*Check the original contract's own assignment clause first — many contracts prohibit assignment without the other party's written consent, regardless of what this document says.*
Edit directly in the box above. Download PDF anytime — the docstoc.io footer is always included and cannot be removed.
What's included
- Edit online — click the document, fill in placeholders, download a PDF
- 6 standard sections: 1. Assignment, 2. Consideration, 3. Consent (if required), 4. Warranty, 5. Release, 6. Governing Law
- 7 clearly marked [placeholder] fields for quick personalizing
- Free to use — no account or signup required
- Fully editable — adjust any clause to match your actual situation
- Includes a signature block, ready to print or sign digitally
- Fixed docstoc.io footer on every PDF (not removable)
Who this template is for
Freelancers & solo founders
Handling routine business paperwork without commissioning custom legal drafting for every document.
Small businesses
Standardizing recurring documents — leases, agreements, notices — across a growing operation.
Anyone reviewing before signing
Using a clear starting structure to understand what a document should cover, even if a lawyer finalizes it.
Before involving a lawyer
A solid starting draft to review with counsel, or to use directly for a low-stakes situation.
FAQ
Is this assignment of contract template really free?
Yes — this Assignment of Contract template on docstoc is free to view, edit online, and download as a PDF with no account or signup required.
What does this assignment of contract cover?
This legal template includes 1. Assignment, 2. Consideration, 3. Consent (if required), 4. Warranty. Fill in the [bracketed] placeholders, edit any clause online, then download a PDF — the docstoc.io footer stays on every export.
Is this legal advice?
No. This template reflects common practice, not your jurisdiction's specific requirements. Legal formalities (required language, witness or notarization rules, filing steps) differ by state and sometimes by county — confirm them with a licensed attorney before this document does any real work.
Can I edit the wording?
Yes. All 7 placeholder fields and every clause are editable right on the page — change what doesn't fit, then download an updated PDF anytime.
Where can I find more free templates like this?
Browse more free legal and related document templates in the docstoc library at /document-templates/.
More free document templates
- Mutual Non-Disclosure Agreement (NDA)
- Demand Letter for Unpaid Invoice
- General Power of Attorney
- One-Way (Unilateral) NDA
- Corporate Bylaws
Five products, one platform
Why use this instead of a generic template
Security
Served over SSL from Cloudflare's edge network — no ad trackers, no third-party scripts on template pages.
Legality
Templates are drafted for general use, not a substitute for legal advice — check the note on each page for specifics.
Privacy
No account or signup needed to copy a template — nothing you type here is stored unless you choose to sign up.
Speed
Copy the subject and body directly — no form to fill in, no export step, no waiting on a download link.
Mobile-friendly
Every template page works the same on a phone as a desktop — copy on the go, no app required.
API available
Building your own tool? docstoc's API covers invoices, reminders, and templates directly.