Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Deed Of Assignment Of Partnership Interest
"I need a Deed of Assignment of Partnership Interest to transfer my entire 25% partnership interest in a manufacturing business to a new partner and retire from the firm, with the transfer to be effective from March 1, 2025."
1. Parties: Identifies the Assignor (transferring partner), Assignee (receiving party), and other existing partners of the firm
2. Background: Recitals explaining the partnership's existence, the Assignor's current interest, and the intention to transfer
3. Definitions: Defines key terms used throughout the deed including Partnership Interest, Effective Date, Partnership Agreement, etc.
4. Assignment: Core clause detailing the transfer of partnership interest from Assignor to Assignee
5. Consideration: Specifies the amount and terms of payment for the partnership interest
6. Effective Date: States when the assignment takes effect
7. Assignor's Warranties: Warranties regarding ownership, right to transfer, and absence of encumbrances
8. Assignee's Covenants: Assignee's agreements to be bound by the partnership agreement and assume obligations
9. Other Partners' Consent: Documentation of existing partners' approval of the assignment
10. Governing Law: Specifies Indian law as governing law and jurisdiction
11. Execution: Signature blocks and attestation requirements
1. Partial Assignment Provisions: Required only when transferring part of the partnership interest rather than the entire interest
2. Outstanding Liabilities: Include when there are specific provisions about handling existing liabilities of the Assignor
3. Non-Compete Clause: Include when the Assignor needs to be restricted from competing with the partnership
4. Confidentiality: Include when specific confidentiality obligations need to be maintained post-assignment
5. Tax Indemnity: Include when specific tax implications need to be addressed between the parties
6. Dispute Resolution: Include when parties want to specify arbitration or other alternative dispute resolution methods
7. Power of Attorney: Include when Assignee needs special authority to handle partnership-related matters
1. Schedule 1 - Partnership Details: Details of the partnership including registration number, business address, and current partners
2. Schedule 2 - Partnership Interest Description: Detailed description of the partnership interest being transferred, including percentage share and value
3. Schedule 3 - Existing Partnership Agreement: Copy or key terms of the existing partnership agreement
4. Schedule 4 - Outstanding Obligations: List of any outstanding obligations or liabilities related to the partnership interest
5. Schedule 5 - Payment Terms: Detailed payment schedule and terms if the consideration is not paid in full at signing
6. Appendix A - Partners' Resolution: Copy of partners' resolution approving the assignment
7. Appendix B - Valuation Report: Independent valuation report of the partnership interest (if applicable)
Authors
Professional Services
Real Estate
Manufacturing
Retail
Construction
Consulting
Trading
Healthcare
Information Technology
Hospitality
Agriculture
Legal Services
Legal
Finance
Compliance
Corporate Secretarial
Risk Management
Business Development
Partnership Operations
Corporate Affairs
Commercial Operations
Managing Partner
Business Owner
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Corporate Lawyer
Company Secretary
Business Development Manager
Partnership Deed Registrar
Compliance Officer
Risk Manager
Financial Controller
Business Partner
Find the exact document you need
Mutual Exchange Deed Of Assignment
An Indian legal document facilitating the mutual exchange of properties between parties, governed by Indian property law and requiring mandatory registration.
Deed Of Assignment Of Possessory Rights
A legal document under Indian law that transfers possessory rights over property from an Assignor to an Assignee, requiring compliance with the Transfer of Property Act and state-specific regulations.
Deed Of Assignment Of Partnership Interest
An Indian law-governed deed that formally transfers partnership interests from one party to another, complying with the Indian Partnership Act, 1932.
Deed Of Assignment Of Goodwill
An Indian law-governed deed that formally transfers a business's goodwill and associated intangible assets from one party to another.
Deed Of Assignment Transfer Of Ownership
An Indian law-compliant deed that legally transfers complete ownership rights in property from an Assignor to an Assignee, requiring proper stamping and registration.
Deed Of Assignment Of Rental Income
An Indian law-governed deed that transfers the rights to receive rental income from a property owner to another party, typically used in property financing and security arrangements.
Deed Of Assignment Of Property
A legal document under Indian law that transfers ownership rights of immovable property from one party to another, requiring mandatory registration and stamp duty payment.
Deed Of Assignment Of Copyright
An Indian law-compliant deed that transfers copyright ownership from an assignor to an assignee, governed by the Copyright Act, 1957.
Deed Of Assignment Loan Agreement
An Indian law-governed document that transfers loan rights and obligations from one lender to another, including all associated terms, conditions, and security arrangements.
Deed Of Assignment Contract
An Indian law-governed deed that formally transfers ownership rights, interests, or property from an Assignor to an Assignee.
Deed Of Conveyance And Deed Of Assignment
An Indian legal instrument that transfers ownership of immovable property and associated rights from a transferor to a transferee, requiring official registration under Indian property law.
Deed Of Consent To Assignment Of Lease
An Indian legal document providing landlord's consent for a tenant to transfer their lease to a new tenant, governed by Indian property law.
Deed Of Charge And Assignment
An Indian law-governed security document creating charges over assets and assignments of rights in favor of lenders/security trustees, typically used in financing transactions.
Deed Of Assignment Of Tenancy
An Indian law-compliant deed that formally transfers tenancy rights and obligations from an existing tenant to a new tenant, with landlord's consent.
Deed Of Assignment Of Receivables
An Indian law-governed deed that formally transfers rights over receivables from an Assignor to an Assignee, including all necessary transfer provisions and compliance requirements.
Deed Of Assignment And Transfer Of Rights
An Indian law-compliant deed that formally transfers rights, title, and interest in property or assets from an Assignor to an Assignee.
Deed Of Assignment And Assumption
A formal legal document under Indian law that transfers rights and obligations from one party to another, creating binding commitments on all parties involved.
Deed Of Absolute Assignment
An Indian law-compliant legal document that permanently transfers complete ownership rights in property from an Assignor to an Assignee.
Confirmatory Deed Of Assignment
An Indian law document that formally confirms and validates a previous assignment of rights, property, or assets.
Assignment Of Security Deed
An Indian law-governed deed that transfers security interests from an Assignor to an Assignee, ensuring compliance with local property and security laws.
Assignment Of Lease Deed
An Indian legal document that transfers leasehold rights from an existing lessee to a new lessee, subject to Indian property law and registration requirements.
Assignment Of Contract For Deed
A legal document under Indian law that transfers rights and obligations under an existing Contract for Deed from one party to another, requiring proper registration and stamp duty compliance.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.