Assignment: A term used in the law of contracts and the law of real estate. In both instances, it encompasses the transfer of rights held by one party - the assignor - to another party - the assignee. (Definition via Wikipedia).
Assignment is a simple concept that we've discussed on two previous occasions here on the Lien Blog (tag Assignment); once related to New York law and once related to Utah law. In both cases, the right to assign a mechanics lien claim was allowed by statute. The same is true in Louisiana, and most of the country.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.