Jurisdiction(s):
United Kingdom

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Key definition

Assignment definition

What does Assignment mean? In legal practice, an assignment is the transfer of an existing right (for example a debt, contractual right, receivable or intellectual property) from the assignor to the assignee. It may arise by agreement or by operation of law (such as insolvency or succession). The concept is descriptive and applied across contexts; in England and Wales it is framed by case law and statute. In England and Wales, a legal assignment of a debt or other legal chose in action requires compliance with section 136 Law of Property Act 1925 (typically: in writing, absolute and of the whole, with notice to the...

Assignment of rights in construction contracts: legal and equitable assignment, novation, restrictions, claims and adjudication, funder security and receivables regulations (England and Wales and Northern Ireland)

Published by a LexisNexis Construction expert

Practice notes

This Practice Note explores why the Assignment of rights matters in construction and identifies when parties may need to transfer their rights. It contrasts assignment with Novation and outlines the steps required to complete a valid assignment. It also examines the consequences of an assignment and the matters parties ought to note when pursuing claims after an assignment. The implications of the Business Contract Terms (Assignment of Receivables) Regulations 2018 are also highlighted. When assessing assignment provisions in a construction contract, see: Assignment of construction documents—checklist for the key points to review. For guidance on restrictions on assignments in construction, see Practice Note: Restrictions on the assignment of rights in construction contracts...

What is an assignment?

This Practice Note concentrates on how assignment operates in the sphere of construction contracts, but the legal principles are relevant across multiple sectors, including banking and finance (see Practice Note: Assignments by way of security), property (see: Transfers and assignments—overview—Property), and copyright (see Practice Note: Copyright assignment and licensing)...

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Web page updated on 21/05/2026

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