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Deed of assignment

This is a deed evidencing an assignment.

In real property transactions, a deed of assignment is an agreement between the


seller of a land or Property and a buyer of that land or property showing evidence
that the Seller has transferred all his rights, his title, his interest and ownership of
that land to that the Seller that has just bought land.

Important civil code provisions:

Art. 1624. An assignment of creditors and other incorporeal rights shall be


perfected in accordance with the provisions of Article 1475.

Art. 1625. An assignment of a credit, right or action shall produce no effect as


against third person, unless it appears in a public instrument, or the
instrument is recorded in the Registry of Property in case the assignment
involves real property.

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