DIY Legal Forms

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Assignment of Cause of Action

1. Assignment. In consideration of the sum of ---------- dollars ($----------), receipt of which is acknowledged, I assign to [name], residing at [address], all my right, title, and interest in and to my cause of action against [name] with offices at [address], arising out of the following transaction: [description].

2. Full Right of Disposal. This Assignment includes the full right to start and maintain an action on the transaction described in any court of competent jurisdiction and to settle, compromise, abandon, or otherwise dispose of the cause of action and to execute releases on my behalf discharging any party's liability under the cause of action.

[dated]

[signature]

Assignor

*** If Required By State Law ***

This Section for Notary:

ACKNOWLEDGMENT

State of _________

County of ________ [COUNTY]

On [DATE] before me, [NAME OF NOTARY], notary, personally appeared [NAME OF PERSON(S) INVOLVED], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

Witness my hand and official seal.

Signature ________
Notary

My commission expires: _____

(Seal)