assignor legal definition

Definition of assignor in the Legal Dictionary - by Free online English dictionary and encyclopedia. What is assignor? Meaning of assignor as a legal term. What does assignor mean in law?
A person, company or entity who transfers rights they hold to another entity. The assignor transfers to the assignee. For example, a party (the assignor) that enters into a contract to sell a piece of property can assign the proceeds, or benefits of the contract, to a third party (the assignee).
Assignor signifies the person who or entity that, transfers property rights or powers to another. Generally, the assignor can limit the operation of his or her assignment, and impose whatever.
An assignor is a person who transfers property rights or powers to another. An assignee is a person or entity to which property rights or powers are transferred. An assignee is the one to whom assignments are made. An assignor can limit the operation of his/her assignment and impose any condition that the assignor thinks
Definition of ASSIGNOR: One who makes an assignment of any kind; one who assigns or transfers property.
20.01.2017 -
assignor - Legal Definition. n. One who transfers a duty, interest, or a right to another. Webster's New World Law Dictionary Copyright © 2010 by Wiley Publishing, Inc., Hoboken, New Jersey. Used by arrangement with John Wiley & Sons, Inc.
An assignment must occur in the present, as a promise to assign contractual benefits at a later date generally has no legal effect. An exception may be made when a prior economic relationship between the assignor and assignee exists, and the promise of such assignment induced the assignee to enter into another
Assignments made for consideration are irrevocable, meaning that the assignor permanently gives up the legal right to take back the assignment once it has been made. Donative assignments, on the other hand, are generally revocable, either by the assignor giving notice to the assignee, taking performance directly from
Contract Assignment: Definition and Involved Parties. What is Delegation? - Definition, Parties & Duties. Doctrine of Promissory Estoppel: Definition, Examples & Elements. Parties to a Contract: .... The assignee won't be required to go through the assignor when asserting legal rights under the contract. This means that the

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