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Notice of Assignment

Free notice of assignment template — formally notifies a third party (like a debtor or account holder) that a contract, debt, or right has been assigned to a new party.

This free notice of assignment covers Effect of This Notice, Continuing Obligations, Questions with 14 clearly marked [placeholder] fields to fill in — built for founders, freelancers, and small business owners formalizing a business decision or agreement without paying a lawyer to draft it from scratch. 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.

Template — click to edit

Notice of Assignment

[Date]

[Notified Party Name] [Address]

RE: Notice of Assignment — [Reference the specific contract, debt, or account, dated [Date]]

Dear [Notified Party Name],

Please be advised that [Assignor Name] has assigned all of its right, title, and interest in the [contract/debt/receivable] referenced above to [Assignee Name], effective [Effective Date].

Effect of This Notice

As a result of this assignment, you should now direct all future [payments/performance/communications] related to this matter to:

[Assignee Name] [Assignee Address] [Assignee Contact Information]

Continuing Obligations

All other terms of the original [contract/agreement] remain unchanged; only the party entitled to receive [payment/performance] has changed as described above.

Questions

If you have any questions about this assignment, please contact [Assignor/Assignee Contact].

Sincerely, [Assignor Name] [Assignee Name (if co-signing this notice)]

*This document is provided for informational and educational purposes only and does not constitute legal advice. Under general contract law principles, an assignment is often not fully effective against the other party to the original contract until they actually receive proper notice — sending this clearly and keeping proof of delivery protects the assignee's right to enforce the assigned interest directly.*

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What's included

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.

Early-stage businesses

Getting the basics documented before things get more complex.

FAQ

Is this notice of assignment template really free?

Yes, completely free — view, edit, and download this notice of assignment as a PDF without creating an account.

What does this notice of assignment cover?

This business template includes Effect of This Notice, Continuing Obligations, Questions. 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. Templates like this cover the common ground most businesses need, but they can't anticipate your specific deal terms, jurisdiction, or industry rules. Treat it as a first draft to build from, and get a business attorney's eyes on it before signing anything that matters.

Can I edit the wording?

Yes. All 14 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 business and related document templates in the docstoc library at /document-templates/.

More free document templates

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