¶¶Òõ¶ÌÊÓƵ

All Countries
Real Estate
Assignment And Assumption Agreement

Assignment And Assumption Agreement Template for Malaysia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Assignment And Assumption Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Assignment And Assumption Agreement

"I need an Assignment and Assumption Agreement for the transfer of a manufacturing facility lease from ABC Manufacturing Sdn Bhd to XYZ Industries Sdn Bhd, with the assignment to take effect from March 15, 2025, including all associated rights and obligations under the original lease agreement."

Celebrated by
Collaborations with
Investors
Document background
The Assignment and Assumption Agreement is a crucial legal instrument used in Malaysian business transactions when one party needs to transfer its contractual rights and obligations to another party. This document is commonly required in corporate restructuring, asset sales, project finance, and business acquisitions. It must comply with Malaysian legal requirements, particularly the Contracts Act 1950 and Civil Law Act 1956. The agreement typically includes detailed provisions about the rights and obligations being transferred, consideration, effective date, and any necessary third-party consents. It's essential in situations where companies need to reorganize their contractual relationships, transfer assets, or restructure their business operations while maintaining legal certainty and continuity of contractual obligations.
Suggested Sections

1. Parties: Identifies and defines the Assignor, Assignee, and any other relevant parties to the agreement

2. Background: Sets out the context of the assignment, including reference to any original agreements and the intention to assign rights/obligations

3. Definitions: Defines key terms used throughout the agreement

4. Assignment: Core provision detailing the rights, obligations, and/or property being assigned

5. Assumption: Assignee's explicit assumption of the assigned obligations and liabilities

6. Consideration: Details of the payment or other consideration for the assignment

7. Effective Date: Specifies when the assignment takes effect

8. Representations and Warranties: Standard warranties from both parties regarding their capacity and authority to enter into the agreement

9. Further Assurance: Obligation to execute additional documents or take further actions necessary to effect the assignment

10. Governing Law and Jurisdiction: Specifies Malaysian law as governing law and determines jurisdiction for disputes

11. Execution: Signature blocks and execution formalities

Optional Sections

1. Consent: Required when original agreement requires third party consent for assignment

2. Original Obligor Release: Include when the original obligor needs to be released from obligations

3. Partial Assignment: Include when only specific rights or obligations are being assigned rather than the entire agreement

4. Conditions Precedent: Include when assignment is subject to certain conditions being met

5. Security Arrangements: Include when assignment involves transfer of security interests

6. Confidentiality: Include when sensitive information is involved in the assignment

7. Tax Provisions: Include when assignment has specific tax implications requiring address

8. Intellectual Property: Include when assignment involves transfer of IP rights

Suggested Schedules

1. Schedule 1 - Original Agreement: Copy or details of the agreement being assigned

2. Schedule 2 - Assigned Rights and Obligations: Detailed list of specific rights and obligations being transferred

3. Schedule 3 - Assigned Assets: Detailed description of any assets being transferred (if applicable)

4. Schedule 4 - Required Consents: List of required third-party consents and their status

5. Schedule 5 - Completion Requirements: List of documents and actions required to complete the assignment

6. Appendix A - Form of Notice: Template notice to be sent to relevant third parties regarding the assignment

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions
























Clauses

























Relevant Industries

Financial Services

Real Estate

Manufacturing

Technology

Energy

Infrastructure

Healthcare

Telecommunications

Construction

Retail

Mining and Resources

Agriculture

Transportation and Logistics

Relevant Teams

Legal

Finance

Commercial

Compliance

Risk Management

Operations

Corporate Secretariat

Business Development

Project Management

Asset Management

Relevant Roles

Legal Counsel

Corporate Lawyer

Contract Manager

Business Development Manager

Chief Financial Officer

Commercial Director

Risk Manager

Compliance Officer

Project Manager

Asset Manager

Transaction Manager

Company Secretary

General Manager

Operations Director

Chief Legal Officer

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Tripartite Assignment Agreement

A Malaysian law agreement facilitating the transfer of contractual rights/obligations between three parties, with formal consent and local legal compliance requirements.

find out more

Assignation Agreement

A Malaysian law-governed agreement that transfers rights or obligations from an Assignor to an Assignee, complying with the Contracts Act 1950.

find out more

Assignment Of Contract Of Sale

A Malaysian law-governed agreement transferring rights and obligations under an existing sale contract from one party to another.

find out more

Assignable Option Agreement

A Malaysian law-governed agreement granting an assignable right to enter into a future transaction, typically used for securing commercial opportunities with transfer rights.

find out more

Assignment Of Interest Agreement

A Malaysian law-governed agreement facilitating the transfer of rights, interests, or property from an assignor to an assignee.

find out more

Assignment Of Intellectual Property Rights Agreement

A Malaysian law-governed agreement for transferring intellectual property rights from an assignor to an assignee, ensuring complete and legally compliant IP ownership transfer.

find out more

Assignment Of Agreement Addendum

A Malaysian law-governed addendum that facilitates the transfer of contractual rights and obligations from one party to another.

find out more

Agreement To Assign Contract For Sale And Purchase

A Malaysian law-governed agreement that transfers rights and obligations under a property Sale and Purchase Agreement from an original purchaser to a new purchaser.

find out more

Assignment Of Liabilities Agreement

A Malaysian law-governed agreement that transfers specified liabilities from one party to another, detailing the terms, conditions, and obligations of the assignment.

find out more

Assignment Of Franchise Agreement

A Malaysian law-governed agreement facilitating the transfer of franchise rights and obligations from an existing franchisee to a new franchisee.

find out more

Assignment Of Purchase Agreement

A Malaysian law-governed agreement transferring rights and obligations under a purchase agreement from an original purchaser to a new purchaser.

find out more

Assignment Of Payment Agreement

A Malaysian law-governed agreement transferring payment rights from an Assignor to an Assignee, with detailed terms for the assignment of payment obligations.

find out more

Assignment Fee Contract

A Malaysian law-governed agreement facilitating the transfer of rights or assets between parties for a specified fee, ensuring legal compliance and protecting parties' interests.

find out more

Asset Assignment Agreement

A Malaysian law-governed agreement for transferring ownership rights in assets from an Assignor to an Assignee, including terms, conditions, and regulatory compliance requirements.

find out more

Assignment Of Inventions Agreement

A Malaysian law-governed agreement for transferring ownership rights in inventions from an Assignor to an Assignee.

find out more

Assignment And Novation Agreement

A Malaysian law-governed agreement that transfers contractual rights and obligations from one party to another, with all parties' consent.

find out more

Assignment Of Claim Agreement

A Malaysian law-governed agreement that transfers legal rights or claims from an Assignor to an Assignee, structured under the Malaysian Contracts Act 1950.

find out more

Assignment And Transfer Agreement

A Malaysian law-governed agreement that facilitates the formal transfer of rights, assets, or obligations between parties.

find out more

Assignment Of Proceeds Agreement

A Malaysian law agreement transferring rights to receive payment or proceeds from one party to another, commonly used in commercial and financing transactions.

find out more

Assignment And Assumption Agreement

A Malaysian law-governed agreement facilitating the transfer of rights, obligations, and/or assets from an Assignor to an Assignee, ensuring legal compliance and effective transition.

find out more

Lease Assignment Agreement

A Malaysian law-governed agreement transferring lease rights from an existing tenant to a new tenant, with landlord's consent.

find out more

Receivables Transfer Agreement

A Malaysian law-governed agreement facilitating the transfer of receivables between parties, detailing terms, conditions, and compliance requirements.

find out more

Real Estate Contract Assignment Agreement

A Malaysian law-governed agreement transferring rights and obligations under an existing real estate contract from one party to another.

find out more

Loan Assignment And Assumption Agreement

A Malaysian law-governed agreement transferring loan rights from one lender to another, with the borrower's continued obligation assumption.

find out more

Loan Assignment Agreement

A Malaysian law-governed agreement that transfers loan rights and obligations from an existing lender to a new lender, ensuring legal compliance and documenting transfer terms.

find out more

Lease Assumption Agreement

A Malaysian law-governed agreement that transfers lease rights and obligations from an existing tenant to a new tenant, with landlord's consent.

find out more

Employee Assignment Agreement

Malaysian law-governed agreement defining terms for employee assignment to new roles or locations, including duties, compensation, and conditions.

find out more

Debt Novation Agreement

A Malaysian law-governed agreement that transfers debt obligations from an original debtor to a new debtor, with creditor consent, creating a new debt obligation while extinguishing the original.

find out more

Debt Assignment And Assumption Agreement

A Malaysian law agreement transferring debt obligations from one creditor to another, with debtor acknowledgment and full documentation of transfer terms.

find out more

Debt Assignment Agreement

A Malaysian law-governed agreement that transfers debt rights from one party to another, including all associated terms and conditions.

find out more

Contract Assignment Agreement

A Malaysian law-governed agreement that transfers contractual rights and obligations from one party to another, subject to the Contracts Act 1950 and related legislation.

find out more

Confirmatory Assignment Agreement

A Malaysian law agreement that formally confirms a previous transfer of intellectual property rights, ensuring compliance with local IP regulations and registration requirements.

find out more

Assignor And Assignee Agreement

A Malaysian law-governed agreement facilitating the transfer of rights, assets, or obligations from an assignor to an assignee.

find out more

Assignment Of Subcontract Agreement

A Malaysian law-governed agreement transferring subcontract rights and obligations from an original subcontractor to a new subcontractor, maintaining compliance with local construction and contract laws.

find out more

Assignment Of Shares Agreement

A Malaysian law-governed agreement for the transfer of share ownership from one party to another, compliant with local corporate legislation and regulations.

find out more

Wholesale Assignment Contract

A Malaysian law-governed agreement for the transfer of wholesale rights, assets, or contracts between commercial parties.

find out more

Vehicle Assignment Agreement

A Malaysian legal document that formalizes the transfer of vehicle ownership rights and responsibilities between parties, complying with local transport regulations.

find out more

Assignment Of Rights Agreement

A Malaysian law-governed agreement that transfers specified rights from an Assignor to an Assignee, with provisions for transfer, warranties, and enforcement.

find out more

Transfer Of Lease Agreement To New Landlord

A Malaysian law-compliant agreement transferring landlord rights and obligations under an existing lease to a new landlord while maintaining tenant arrangements.

find out more

Stock Assignment Agreement

A Malaysian law-governed agreement facilitating the transfer of shares from an assignor to an assignee, including terms, conditions, and regulatory compliance requirements.

find out more

Security Assignment Agreement

A Malaysian law-governed agreement establishing security interests through the assignment of rights or assets from an assignor to an assignee.

find out more

Assignment Of Recognition Agreement

A Malaysian law-governed agreement that transfers rights and obligations under an existing Recognition Agreement from an Assignor to an Assignee.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

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.