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Assignment means transferring some or all property rights and obligations to another person through a written agreement.
A trademark owner transfers, gives, or sells another person interest in the trademark.
To be effective, an assignment must contain parties with legal capacity, consideration, consent, and legality of object.
This is where a mortgage deed gives a lender interest in a mortgaged property in return for payments received.
Lenders often sell mortgages to third parties, such as other lenders.
Lile, currently assigned as the Special Operations Joint Task Force – Afghanistan command senior enlisted leader, Afghanistan, has been selected to replace Command Master Chief Richard V.
If you have a news tip for KTLA, please use the form below.In a separate lease assignment, a landlord agrees to pay a creditor through an assignment of rent due under rental property leases.The agreement is used to pay a mortgage lender if the landlord defaults on the loan or files bankruptcy.Within the operation of stocks and options trading, options can be assigned when a buyer decides to exercise their right to buy (or sell) stock at a particular strike price.The way the options market works, the corresponding seller of the option is not determined when a buyer opens a option trade, but only at the time that an option holder decides to exercise their right to buy stock. Sinclair Broadcast Group and Sinclair Digital Solutions are dedicated to making Sinclair a communications powerhouse!We are the largest and most diversified television broadcasting company in the country.In a different kind of an example, a wage assignment is a forced payment of an obligation by automatic withholding from an employee’s pay.Courts issue wage assignments for people late with child or spousal support, taxes, loans, or other obligations.So an option seller with open positions is matched with the exercising buyer via automated lottery.The randomly selected seller is then assigned to fulfill the buyer's rights. Once assigned the writer (seller) of the option will have the obligation to sell (if a call option) or buy (if a put option) the designated number of shares of stock at the agreed upon price (strike price).