Notice of Assignment of Contract 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 – [Contract Name] dated [Contract 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 contract:

Contract Name: [Contract Name]
Contract Date: [Contract Date]
Parties: [Assignor] and [Counterparty]
Assignment Effective Date: [Effective Date]
Assigned Rights/Obligations: [Payments/rights/obligations, if any]

Contract Name: [Contract Name]

Contract Date: [Contract Date]

Parties: [Assignor] and [Counterparty]

Assignment Effective Date: [Effective Date]

Assigned Rights/Obligations: [Payments/rights/obligations, if any]

2. Performance, Payment, and Contact Details

2.1 Payments. As of the effective date, any amounts due under the assigned rights should be paid to:

Payee: [Assignee Name]
Payment method: [ACH/wire/check]
Payment address/account: [Details]

Payee: [Assignee Name]

Payment method: [ACH/wire/check]

Payment address/account: [Details]

2.2 Notices. Future notices relating to the assigned portion of the contract should be sent to:

[Assignee contact name, address, email]

2.3 Assumption of Obligations (Optional).

☐ Assignor remains responsible for performance of obligations under the contract.

☐ Assignee has assumed the following obligations: [Describe], subject to any required consent.

3. Request for Acknowledgment (Optional)

Please acknowledge receipt of this notice 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 contract remain unchanged. This notice does not waive any rights or remedies under the contract.

Sincerely,

[Authorized Name]

[Title]

[Assignee Name]

Signatures

[Authorized Name]

Title: [Title]

Date: [Date]

Signature: ___________________________

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Notice of Assignment of Contract Template

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Notice of Assignment of Contract Template — quick answers

Reviewed July 2026 Free download, PDF & DOCX

What is a notice of assignment of contract?

A Notice of Assignment of Contract is a written notice informing the other party to a contract that one party (the “Assignor”) has transferred its rights (and, if applicable, certain obligations) under the contract to another party (the “Assignee”). It identifies the assigned contract and states where future performance, payments, and notices should be directed.

Is a notice the same as an assignment agreement?

No. The assignment agreement is the contract that transfers rights between the assignor and assignee. The notice is a communication to the counterparty. If the original contract requires consent to assign, the parties may need written consent or a novation in addition to this notice.

When should you send the notice?

Send it promptly after the assignment is signed (or as soon as the contract allows). If payments or performance need to be redirected, sending the notice early helps prevent misdirected payments and confusion.

What should be included in the notice?

Include the contract name and date, the parties, the effective assignment date, what has been assigned (rights, payments, performance), updated contact/payment details, and a request for acknowledgment if you want confirmation.

Does the counterparty have to accept the assignment?

It depends on the contract and applicable law. Some assignments are permitted without consent, while others (especially personal services contracts) require consent. This notice does not replace consent if it’s required.

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