Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

assignee

Read a random definition: replevy

A quick definition of assignee:

An assignee is someone who receives a right from another person who holds that right. This can happen in contract or property law. In contract law, when someone assigns a contract, they transfer their rights and duties to someone else. For example, if someone contracts to teach guitar to another person for $50, they can assign that contract to someone else. The person who assigns the contract is called the assignor, and the person who receives the contract is called the assignee. There are rules about assignments, such as not being able to assign future rights and the primary obligor being able to sue the assignee if they don't perform their duties. In property law, assignment usually happens in landlord-tenant situations, where someone who is renting wants to transfer their lease to someone else.

A more thorough explanation:

An assignee is a person who receives a right from someone else who holds that right. This transfer of rights is called an assignment. Assignments can happen in both contract and property law.

Under contract law, when one party assigns a contract, it means that they are transferring both their rights and their duties to someone else. For example, if A has a contract with B to teach B guitar for $50, A can assign this contract to C. This means that A is giving C the right to receive the $50 and the duty to teach guitar to B. A is the assignor, C is the assignee, and B is the obligee.

There are some rules about assignments in contract law. For example, you can't assign a contract that you haven't yet secured. You also can't assign a contract if it would materially change the obligor's duty and rights. If the promised performance requires a rare genius or skill, then the primary obligor cannot assign the contract. Lastly, if the secondary obligor substitutes and releases the primary obligor, it's called novation. Novation requires the obligee's consent.

Under property law, assignments typically arise in landlord-tenant situations. For example, if A is renting from landlord B but wants C to take over the lease, A can choose to assign or sublease the property to C. If A assigns the lease to C, C would have privity of estate with the landlord, while under a sublease, C would not.

Overall, an assignee is someone who receives a right from someone else. Assignments can happen in both contract and property law, and they involve transferring both rights and duties.

assigned risk | assignment

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
19:42
it was hard to not improve it. google search was terrible due to the ads and seo cheaters with buzz words and alt text
Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
LSD+ is ad-free, with DMs, discounts, case briefs & more.