A person or party to whom an assignment or transfer is made When an agreement, contract or interest is transferred to you, you become the assignee The Assignee might also be a corporation or partnership
The person to whom an interest is transferred An assignee of an Agreement of Purchase and Sale may buy the property and enforce the contract in the same fashion as the original party
One to whom a transfer of interest is made For example, the assignee of a Deed of Trust or Contract
A person to whom a property right is transferred For example, an assignee may take over a lease from a tenant who wants to permanently move out before the lease expires The assignee takes control of the property and assumes all the legal rights and responsibilities of the tenant, including payment of rent However, the original tenant remains legally responsible if the assignee fails to pay the rent
A person or business that is put in the place of the original creditor, such as a collection agency You can assign your judgment to another person or business