Deed of assignment of the benefit of an option agreement
Deed of assignment of the benefit of an option agreement

The following Property guidance note provides comprehensive and up to date legal information covering:

  • Deed of assignment of the benefit of an option agreement
  • Parties
  • The AppendixOption Agreement

This Deed is made on [insert date].

Parties

  1. 1

    [insert name of Assignor] [of [insert address] OR incorporated in England and Wales with company registration number [insert company registration number] whose registered office is at [insert registered office address]] (the Assignor);

  1. 2

    [insert name of Assignee] [of [insert address] OR incorporated in England and Wales with company registration number [insert company registration number] whose registered office is at [insert registered office address]] (the Assignee).

  1. 1

    Definitions

  2. In this Deed the following definitions apply:

    Option Agreement

    1. an option agreement relating to the Property dated [insert date] made between [insert name of the grantor of the option] and the Assignor, a copy of which is annexed to this Deed as the Appendix;

    Property

    1. the [freehold OR leasehold] property known as [insert details].

  3. 2

    Interpretation

    1. 2.1

      In this Deed:

      1. 2.1.1

        a reference to a ‘part