# Assignment of Contract for Canada > Use this template to create a Assignment of Contract that complies with your chosen governing law **Document type:** Assignment of Contract **Category:** Agreements & Contracts **Jurisdiction:** Canada **Governing law:** United States **Last updated:** 2026-06-16 ## What is an Assignment of Contract? An Assignment of Contract lets you transfer your rights and obligations under a contract to someone else. Think of it like passing the baton in a relay race - you're handing over your position in the agreement to another party, with the original contract terms staying intact. Under Canadian contract law, most agreements can be assigned if all parties agree and the contract doesn't specifically forbid it. Common examples include transferring lease agreements, construction contracts, or purchase orders. The original party must get written consent from both the other contract party and the new assignee, making sure everyone understands their new roles and responsibilities. ## When should you use an Assignment of Contract? Consider using an Assignment of Contract when you need to transfer your contractual rights and duties to another party. This commonly happens during business sales, when companies restructure, or if you're selling property with ongoing service agreements attached. The assignment proves especially valuable in Canadian commercial leases, construction projects, and supply chain agreements. For example, if you're selling your business but want to keep valuable supplier contracts in place, an assignment lets you transfer those agreements to the new owner. It's also useful when bringing in subcontractors or reorganizing business units while maintaining existing client relationships. ## What are the different types of Assignment of Contract? - **[Assignment Fee Contract](https://www.genieai.co/en-ca/template/assignment-fee-contract)**: Basic form used when transferring contract rights for a fee, common in real estate and business sales - **[Assignment Of Agreement Addendum](https://www.genieai.co/en-ca/template/assignment-of-agreement-addendum)**: Adds or modifies terms to an existing assignment, useful for updating conditions or parties - **[Assignment Of Construction Contract To Lender](https://www.genieai.co/en-ca/template/assignment-of-construction-contract-to-lender)**: Specialized version for transferring construction agreements to financial institutions - **[Assignment Of Judgment Agreement](https://www.genieai.co/en-ca/template/assignment-of-judgment-agreement)**: Used to transfer rights to collect on a legal judgment to another party ## Who should typically use an Assignment of Contract? - **Business Owners**: Often initiate Assignment of Contract agreements when selling their company or transferring business relationships to new owners - **Corporate Lawyers**: Draft and review assignments to ensure legal compliance and protect client interests - **Property Developers**: Use assignments to transfer construction contracts, service agreements, or development rights - **Financial Institutions**: Accept assignments as security for loans or during refinancing arrangements - **Contract Administrators**: Manage the assignment process and ensure all parties understand their new roles and obligations - **Original Contract Parties**: Must consent to the assignment and continue performing under the original terms ## How do you write an Assignment of Contract? - **Original Contract Review**: Gather the complete original contract and verify it allows for assignment - **Party Details**: Collect legal names, addresses, and contact information for all parties involved, including the assignee - **Scope Definition**: Clearly outline which rights and obligations are being transferred - **Consent Documentation**: Obtain written approval from the original contract parties - **Effective Date**: Determine when the assignment takes effect and any conditions that must be met first - **Payment Terms**: Document any compensation or consideration for the assignment - **Using Our Platform**: Generate a legally sound Assignment of Contract that includes all required elements and meets Canadian legal standards ## What should be included in an Assignment of Contract? - **Identification**: Full legal names and addresses of all parties - assignor, assignee, and original contract parties - **Original Contract Details**: Reference to the original agreement including date, parties, and subject matter - **Assignment Scope**: Clear description of rights and obligations being transferred - **Consideration**: Specified payment or value exchange for the assignment - **Effective Date**: When the transfer takes effect - **Consent Clause**: Written agreement from all parties to the assignment - **Governing Law**: Specify applicable Canadian jurisdiction - **Signatures**: Designated spaces for all parties to sign and date - **Notice Provisions**: How and where formal communications should be sent ## What's the difference between an Assignment of Contract and a Subcontractor Agreement? An Assignment of Contract is often confused with a [Subcontractor Agreement](https://www.genieai.co/en-ca/template-type/subcontractor-agreement), but they serve distinct purposes in Canadian business law. While both involve transferring work responsibilities, they operate quite differently in practice. - **Transfer of Rights**: Assignment completely transfers all contract rights and obligations to a new party, while subcontracting only delegates specific tasks while maintaining the original contractual relationship - **Legal Responsibility**: In an assignment, the assignee becomes directly responsible to all parties. With subcontracting, the original contractor remains primarily liable for the work - **Consent Requirements**: Assignments typically need explicit consent from all original parties, while subcontracting often only requires notification unless specifically prohibited - **Duration**: Assignments permanently transfer the entire contract, while subcontracting arrangements are usually temporary and limited to specific project components ## Templates in this category - [Addendum Assignment Contract](https://www.genieai.co/en-ca/template/addendum-assignment-contract) - [Agreement To Assign Contract For Sale And Purchase](https://www.genieai.co/en-ca/template/agreement-to-assign-contract-for-sale-and-purchase) - [Amendment And Assignment Agreement](https://www.genieai.co/en-ca/template/amendment-and-assignment-agreement) - [Asset Assignment Agreement](https://www.genieai.co/en-ca/template/asset-assignment-agreement) - [Assignable Lease](https://www.genieai.co/en-ca/template/assignable-lease) - [Assignment Agreement (Real Estate)](https://www.genieai.co/en-ca/template/assignment-agreement-real-estate) - [Assignment And Assumption Agreement](https://www.genieai.co/en-ca/template/assignment-and-assumption-agreement) - [Assignment And Novation Agreement](https://www.genieai.co/en-ca/template/assignment-and-novation-agreement) - [Assignment And Transfer Agreement](https://www.genieai.co/en-ca/template/assignment-and-transfer-agreement) - [Assignment Assumption And Amendment Agreement](https://www.genieai.co/en-ca/template/assignment-assumption-and-amendment-agreement) - [Assignment Employment Contract](https://www.genieai.co/en-ca/template/assignment-employment-contract) - [Assignment Fee Contract](https://www.genieai.co/en-ca/template/assignment-fee-contract) - [Assignment Of Agreement Addendum](https://www.genieai.co/en-ca/template/assignment-of-agreement-addendum) - [Assignment Of Claim Agreement](https://www.genieai.co/en-ca/template/assignment-of-claim-agreement) - [Assignment Of Construction Contract To Lender](https://www.genieai.co/en-ca/template/assignment-of-construction-contract-to-lender) - [Assignment Of Franchise Agreement](https://www.genieai.co/en-ca/template/assignment-of-franchise-agreement) - [Assignment Of Inventions Agreement](https://www.genieai.co/en-ca/template/assignment-of-inventions-agreement) - [Assignment Of Judgment Agreement](https://www.genieai.co/en-ca/template/assignment-of-judgment-agreement) - [Assignment Of Liabilities Agreement](https://www.genieai.co/en-ca/template/assignment-of-liabilities-agreement) - [Assignment Of Option Agreement](https://www.genieai.co/en-ca/template/assignment-of-option-agreement) - [Assignment Of Payment Agreement](https://www.genieai.co/en-ca/template/assignment-of-payment-agreement) - [Assignment Of Proceeds Agreement](https://www.genieai.co/en-ca/template/assignment-of-proceeds-agreement) - [Assignment Of Purchaser's Interest In Land Contract](https://www.genieai.co/en-ca/template/assignment-of-purchasers-interest-in-land-contract) - [Assignment Of Receivables Agreement](https://www.genieai.co/en-ca/template/assignment-of-receivables-agreement) - [Assignment Of Rights Agreement](https://www.genieai.co/en-ca/template/assignment-of-rights-agreement) - [Assignment Of Shares Agreement](https://www.genieai.co/en-ca/template/assignment-of-shares-agreement) - [Assignment Of Subcontract Agreement](https://www.genieai.co/en-ca/template/assignment-of-subcontract-agreement) - [Assignor And Assignee Agreement](https://www.genieai.co/en-ca/template/assignor-and-assignee-agreement) - [Assumption Agreement](https://www.genieai.co/en-ca/template/assumption-agreement) - [Bill Of Sale And Assignment And Assumption Agreement](https://www.genieai.co/en-ca/template/bill-of-sale-and-assignment-and-assumption-agreement) - [Collateral Assignment Agreement](https://www.genieai.co/en-ca/template/collateral-assignment-agreement) - [Confidentiality And Intellectual Property Assignment Agreement](https://www.genieai.co/en-ca/template/confidentiality-and-intellectual-property-assignment-agreement) - [Confirmatory Assignment Agreement](https://www.genieai.co/en-ca/template/confirmatory-assignment-agreement) - [Contract Assignment Agreement](https://www.genieai.co/en-ca/template/contract-assignment-agreement) - [Debt Assignment Agreement](https://www.genieai.co/en-ca/template/debt-assignment-agreement) - [Debt Assignment And Assumption Agreement](https://www.genieai.co/en-ca/template/debt-assignment-and-assumption-agreement) - [Employee Assignment Agreement](https://www.genieai.co/en-ca/template/employee-assignment-agreement) - [Employee Intellectual Property Assignment Agreement](https://www.genieai.co/en-ca/template/employee-intellectual-property-assignment-agreement) - [Employee Proprietary Information And Inventions Agreement](https://www.genieai.co/en-ca/template/employee-proprietary-information-and-inventions-agreement) - [Lease Assumption Agreement](https://www.genieai.co/en-ca/template/lease-assumption-agreement) - [Lease Transfer Agreement](https://www.genieai.co/en-ca/template/lease-transfer-agreement) - [Loan Assignment Agreement](https://www.genieai.co/en-ca/template/loan-assignment-agreement) - [Membership Interest Transfer Agreement](https://www.genieai.co/en-ca/template/membership-interest-transfer-agreement) - [Property Assignment Agreement](https://www.genieai.co/en-ca/template/property-assignment-agreement) - [Receivables Transfer Agreement](https://www.genieai.co/en-ca/template/receivables-transfer-agreement) - [Release Of Assignment Of Leases And Rents](https://www.genieai.co/en-ca/template/release-of-assignment-of-leases-and-rents) - [Security Assignment Agreement](https://www.genieai.co/en-ca/template/security-assignment-agreement) - [Software Assignment Agreement](https://www.genieai.co/en-ca/template/software-assignment-agreement) - [Stock Assignment Agreement](https://www.genieai.co/en-ca/template/stock-assignment-agreement) - [Technology Assignment Agreement](https://www.genieai.co/en-ca/template/technology-assignment-agreement) - [Transfer Of IP Rights Agreement](https://www.genieai.co/en-ca/template/transfer-of-ip-rights-agreement) - [Tripartite Assignment Agreement](https://www.genieai.co/en-ca/template/tripartite-assignment-agreement) - 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