Move responsibility for an agreement from one party to another
Sometimes in an agreement, one party cannot fulfill its obligations because of factors beyond their control. If the other party agrees, the original agreement can be assigned to a third party. LegalZoom makes it easy to complete the process with a downloadable Assignment and Assumption Agreement.
With A LegalZoom Assignment and Assumption Agreement gives you:
Peace of Mind: Give a company the flexibility to extract itself gracefully from a difficult situation.
Dos & Don'ts: Use the checklist to help craft an agreement that works for all parties.
Detailed instructions: Learn how to accurately complete your agreement.
