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Assignors Definition

1) The term 'Assignors' refers to individuals or entities who transfer rights, interests, or property to another party through an assignment agreement.


2) 'Assignors' are the original owners or holders of a legal right who give up or transfer that right to someone else, known as the assignee.


3) In legal contexts, 'Assignors' are the parties who are assigning, selling, or transferring their rights, claims, or interests in a contract, property, or other legal agreement.


Assignors

Definition

The term 'Assignors' refers to individuals or entities who transfer rights, interests, or property to another party through an assignment agreement.
'Assignors' are the original owners or holders of a legal right who give up or transfer that right to someone else, known as the assignee.
In legal contexts, 'Assignors' are the parties who are assigning, selling, or transferring their rights, claims, or interests in a contract, property, or other legal agreement.

Examples

Assignors Example in a sentence

1) The assignors agreed to transfer their ownership rights to the assignee.

2) The assignors signed a document stating their intention to delegate their responsibilities.

3) The assignors relinquished their claim to the property in favor of the new owners.

4) The assignors are bound by the terms of the agreement they entered into.

5) The assignors must notify the assignee in writing of any changes to the contract.

6) The assignors bear the responsibility of ensuring the smooth transfer of rights.

7) The assignors met with legal counsel to review the terms of the assignment.

8) The assignors are legally obligated to disclose any relevant information to the assignee.

9) The assignors filed a formal request to transfer their rights to a third party.

10) The assignors must provide clear documentation of their authorization to assign the contract.

Part of Speech

Assignors (Noun)

Synonyms

Encyclopedia

The term 'Assignors' refers to individuals or entities who transfer rights, interests, or property to another party through an assignment agreement.
'Assignors' are the original owners or holders of a legal right who give up or transfer that right to someone else, known as the assignee.
In legal contexts, 'Assignors' are the parties who are assigning, selling, or transferring their rights, claims, or interests in a contract, property, or other legal agreement.