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pashyanti (legal manager)     06 March 2010

difference between deed of assignment & sale deed

Dear Experts, Please tell me what is the difference between Deed of Assignment & Sale Deed?




 3 Replies

Umesh Bhatt (advocate)     06 March 2010

assignment is ''a duty given to someone'' but the sale deed is ''transfer our right''. 

Suchitra. S (Advocate)     06 March 2010

Deed of assignment :

Agreement under which some or all assets of an insolvent debtor are assigned to a trustee, for selling them and distributing the sale proceeds equitably among the creditors.

Sale agreement :

A sale deed acts as the main legal document for evidencing sale and transfer of ownership of property in favour of the buyer, from the seller.

Further, it also acts as the main document for further sale by the buyer as it establishes his proof of ownership of the property

Manish Singh (Advocate)     06 March 2010


"conveyance" or sale means
transfer of complete ownership whereas "assignment" means the transfer of the claim, right or
property to another and which may be conditional.

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