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Tenancy Agreements

Letter - Assignment of Caveat

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Business letters tend to be more formal and are often sent to people we don’t know. They need to convey the right tone - whether it be authority, disagreement, satisfaction or gratitude.

Whenever you write to a prospect, customer, supplier or an employee it is vital to present aprofessional document so you can make the right impression.

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This assignment is made on [date] by [name of caveat holder], of [address], [City of, Shire of, State of], herein referred to as "Assignor", to [name of assignee], of [address], [City of, Shire of, State of], herein referred to as "Assignee".

In consideration of [amount]Dollars, ($-----), receipt of which is hereby acknowledged, assignor does hereby assign to assignee the caveat on the property of [name of property owner], located at [address], [city], [state], which has been duly recorded in the office of [office], in Volume [number], page, a copy of which is attached hereto.

Whereas, the intent of this assignment is to transfer to assignee full power to collect that certain sum secured by said caveat, assignor does hereby appoint assignee his attorney in fact, with full authority to enforce the caveat herein assigned, and to collect and receive the debt secured by said caveat, as assignor would do if this assignment were not being made. Any costs incurred by the assignee in enforcing the assigned caveat, shall be borne by the assignee.

In witness, whereof, assignor has executed this assignment at [place of execution], this [day] of [month], [year]




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