Can a Deed Be Assigned

A deed of assignment refers to a legal document that facilitates the legal transfer of ownership of real estate property. … The party who is transferring his or her rights to the property is known as the “assignor,” while the party who is receiving the rights is called the “assignee.”

What is a deed assignment?

Meaning of deed of assignment in English a legal agreement to give an asset or to sell a debt to someone else: This deed of assignment enables ownership of a life-insurance policy to be transferred from the current owner to another person or organization.

Who prepares deed of assignment?

Stamping of the deed of assignment by the Lagos State Internal Revenue Service (SIRS) where the parties to the transaction are individuals or the Federal Inland Revenue Service (FIRS) where either party to the transaction is a company.