Assignment of Contract — Plain-English Summary

Transfer your rights and duties under an existing contract to someone else, with the other party's consent.

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Plain-English Summary: explains each section of the Full version. Sign it alongside the Full version, or use it on its own as a summary sheet.

This template is not legal advice; consult a licensed attorney in your state. Laws, required disclosures and signing formalities (witnesses, notarization, recording) vary by state and county.
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1. Parties2. Details

Parties

Signing order: Assignor → Assignee → Consenting Party. Each signer is invited after the previous one signs.

1. AssignorFull name *Email (to send the signing link)

2. AssigneeFull name *Email (to send the signing link)

3. Consenting PartyFull name *Email (to send the signing link)

Signature, date and name fields are added for every signer automatically.

Details

Name and date of the original contract *Assignment effective date *Payment for the assignment ($, if any)Rights or obligations the Assignor keeps (if any)Governing state *County for venue [STATE-SPECIFIC] *

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Signature, initials (every page) and date fields are placed for each party. You can review and adjust them before sending.

Live preview

What the sections mean (plain English)

ASSIGNMENT: Whether rights can be handed to someone else.
PAYMENT: How much is paid, when, and what happens if it's late.
ASSIGNOR STATEMENTS: Whether rights can be handed to someone else.
GOVERNING LAW: Which state's law applies and where any lawsuit must be filed.
DISPUTE RESOLUTION: How disagreements get handled before anyone goes to court.
SEVERABILITY: If a court strikes one clause, the rest still counts.
ENTIRE AGREEMENT; AMENDMENTS: How this document can be changed later.
NOTICES: How the parties must officially contact each other.
COUNTERPARTS; ELECTRONIC SIGNATURES: E-signatures are valid and each party can sign separately.
Optional clauses: Extra terms you can switch on or off in step 3. Leave them off if unsure.

How to use this Assignment of Contract template

Answer the guided questions. Your name and company fill in automatically from your profile.
Pick the governing state and complete the [STATE-SPECIFIC] blanks. Switch optional clauses on or off.
Check the live preview, then create the document. Signature, initial and date fields are placed for each party.
Review the fields and send. Each party signs in order, and everyone gets the signed PDF.

Frequently asked questions

Is this Assignment of Contract template free?

Yes. You can fill it in, download it and send it for electronic signature with a free E-Sign Auto account.

Is an electronically signed Assignment of Contract legally binding?

In the U.S., the federal ESIGN Act and state UETA laws generally give e-signatures the same effect as handwritten ones. Check your state's rules.

Does this template work in my state?

It is a generic, state-neutral starting point. Pick your governing state and complete every blank marked [STATE-SPECIFIC]. This template is not legal advice; consult a licensed attorney in your state.

Who signs, and in what order?

Assignor, then Assignee, then Consenting Party. Each signer gets a secure link in that order, with signature, initial and date fields already placed.