ASSIGNMENT

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ASSIGNMENT

ASSIGNMENT, contracts. In common parlance this word signifies the transfer of all kinds of property, real, personal, and mixed, and whether the same bein possession or in action; as, a general assignment. In a more technicalsense it Is usually applied to the transfer of a term for years; but it ismore properly used to signify a transfer of some particular estate orinterest in lands. 2. The proper technical words of an assignment are, assign, transfer,and set over; but the words grant, bargain, and sell, or any other wordswhich will show the intent of the parties to make a complete transfer, willamount to an assignment. 3. A chose in action cannot be assigned at law, though it may be donein equity; but the assignee takes it subject to all the equity to which itwas liable in the hands of the original party. 2 John. Ch. Rep. 443, and thecases there cited. 2 Wash. Rep. 233. 4. The deed by which an assignment is made,, is also called anassignment. Vide, generally, Com. Dig. h.t.; Bac. Ab. h.t. Vin. Ab. h.t.;Nelson's Ab. h.t.; Civ. Code of Louis. art. 2612. In relation to generalassignments, see Angell on Assignments, passim; 1 Hate & Wall. Sel. Dec. 78-85. 5. By an assignment of a right all the accessories which belong to it,will pass with it as, if the assignor of a bond had collateral security, ora lien on property, the collateral security and the lien will pass with theassignment of the bond. 2 Penn. 361; 3 Bibb, 291; 4 B. Munroe, 529; 2 Drev.n. 218; 1 P. St. R. 454. 6. The assignment of a thing also carries with itall that belongs to it by right of accession; if, therefore, the thingproduce interest or rent, the interest or the arrearages of the rent sincethe assignment, will belong to the assignee. 7 John. Cas. 90 6 Pick. 360.

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