Notice of Assignment Agreement Template

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[Assignee Name]

[Assignee Address]

[City, State, ZIP]

[Phone] | [Email]

Date: [Date]

To: [Counterparty Name]

[Counterparty Address]

[City, State, ZIP]

Subject: Notice of Assignment – [Name of Agreement] (dated [Agreement Date])

1. Notice of Assignment

This letter serves as formal notice that [Assignor Name] has assigned to [Assignee Name] certain rights and/or interests under the following agreement:

Agreement Name: [Name of Agreement]
Agreement Date: [Agreement Date]
Parties to Original Agreement: [Assignor] and [Counterparty]
Assigned Rights/Interests: [Payments/receivables/contract rights/other]

Agreement Name: [Name of Agreement]

Agreement Date: [Agreement Date]

Parties to Original Agreement: [Assignor] and [Counterparty]

Assigned Rights/Interests: [Payments/receivables/contract rights/other]

The assignment is effective as of [Assignment Effective Date].

2. Performance and Payment Instructions

2.1 Payments. As of the Assignment Effective Date, all payments due under the assigned rights should be made to:

Payee: [Assignee Name]
Payment method: [ACH/wire/check]
Payment details: [Account info / mailing address]

Payee: [Assignee Name]

Payment method: [ACH/wire/check]

Payment details: [Account info / mailing address]

2.2 Notices. Future notices relating to the assigned rights should be sent to:

[Assignee contact name and address/email]

2.3 Obligations (Optional).

☐ The assignment transfers rights only; Assignor remains responsible for obligations under the Agreement.

☐ Assignee has assumed certain obligations under the Agreement as follows: [Describe], subject to any required consent.

3. Request for Acknowledgment (Optional)

Please acknowledge receipt of this Notice of Assignment by signing the acknowledgment below and returning it to [Assignee Email/Address] by [Date].

4. No Other Changes

Except for the assignment described above, all other terms of the Agreement remain unchanged. This notice does not waive any rights or remedies under the Agreement.

Sincerely,

[Authorized Name]

[Title]

[Assignee Name]

Signatures

[Authorized Name]

Title: [Title]

Date: [Date]

Signature: ___________________________

Witnesses (Optional)

Witness Name: [Name]

Date: [Date]

Signature: ___________________________

Notary / Notarization (Optional)

State of [State]

County of [County]

On [Date], before me, [Notary Name], personally appeared [Authorized Name], known to me (or satisfactorily proven) to be the person whose name is subscribed to this instrument, and acknowledged that they executed the same for the purposes stated herein.

Notary Public Signature: _______________________

My Commission Expires: _______________________

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Notice of Assignment Agreement Template

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Notice of Assignment Agreement Template — quick answers

Reviewed July 2026 Free download, PDF & DOCX

What is a notice of assignment?

A Notice of Assignment is a written notice informing a counterparty that a contract, rights, or receivables have been assigned from one party (the assignor) to another party (the assignee). It identifies the assigned agreement, the effective date, and who should receive future performance or payments.

When should you send a notice of assignment?

Send it immediately after an assignment is executed (or as required by the underlying contract). It is commonly used when assigning contracts during a business sale, transferring receivables, changing service providers, or moving rights to an affiliate.

Does an assignment transfer obligations too?

Not always. Many assignments transfer rights (like receiving payment) but not duties unless the assignee also agrees to assume obligations and the other party consents (which may require a novation). This template is a notice document and includes optional wording to clarify whether obligations are being assumed.

What should be included in the notice?

Include: the original agreement name/date, the parties, what is assigned (rights, payments, deliverables), the effective date, updated payment or notice details, and a request for acknowledgment if desired.

Do you need the other party’s consent?

It depends on the original contract and local law. Many contracts restrict assignment without consent, especially for services. This notice does not replace consent if the contract requires it, but it helps document communication and provide clear instructions.

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