All Countries
Real Estate
Deed Of Assignment Of Property

Deed Of Assignment Of Property Template for New Zealand

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Deed Of Assignment Of Property

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Deed Of Assignment Of Property

"I need a Deed of Assignment of Property to transfer my commercial warehouse in Auckland to my family trust, with the assignment to take effect from March 15, 2025, and I need to include specific provisions about the existing tenant's lease agreement."

Celebrated by
Collaborations with
Investors
Document background
A Deed of Assignment of Property is a crucial legal instrument in New Zealand's property law framework, used when transferring ownership rights in property from one party to another. This document type is essential for various property transactions, including residential, commercial, and industrial property transfers. It must comply with New Zealand's Property Law Act 2007, Land Transfer Act 2017, and other relevant legislation. The deed typically includes comprehensive details about the property being transferred, the parties involved, consideration paid, and various warranties and acknowledgments. It's commonly used in scenarios such as property sales, corporate restructuring, estate settlements, and investment transactions. The document's formal nature as a deed provides additional legal certainty and enforceability compared to standard contracts.
Suggested Sections

1. Parties: Identifies and defines the Assignor and Assignee with their full legal names and addresses

2. Background: Sets out the context of the assignment, including the Assignor's ownership of the property and intention to assign

3. Definitions and Interpretation: Defines key terms used throughout the deed and establishes interpretation rules

4. Assignment: The operative clause that effects the transfer of the property from Assignor to Assignee

5. Consideration: States the amount paid or other consideration given for the assignment

6. Completion Date: Specifies when the assignment takes effect

7. Assignor's Warranties: Warranties regarding ownership, right to assign, and condition of the property

8. Assignee's Acknowledgments: Confirmations from the Assignee regarding acceptance of the property

9. Costs and Stamp Duty: Allocation of legal costs and any applicable duties

10. Further Assurance: Commitment to execute further documents if needed to perfect the assignment

11. Governing Law: Confirms New Zealand law governs the deed

12. Execution: Formal execution block meeting requirements for a deed under New Zealand law

Optional Sections

1. GST Provisions: Required if the transaction is subject to GST

2. Existing Encumbrances: Include if the property is subject to mortgages, easements, or other encumbrances

3. Consents: Required if third-party consents are needed for the assignment

4. Overseas Investment Warranties: Include if either party is an overseas person under the Overseas Investment Act

5. Tenancy Provisions: Required if the property is subject to existing tenancies

6. Notices: Include if ongoing obligations require formal notice provisions

7. Confidentiality: Optional section for sensitive commercial transactions

Suggested Schedules

1. Property Description: Detailed description of the property being assigned, including legal description and title references

2. Purchase Price: Breakdown of consideration and payment terms if complex

3. Existing Encumbrances: List of any mortgages, easements, or other encumbrances affecting the property

4. Required Consents: List of third-party consents required and their status

5. Completion Requirements: Checklist of documents and actions required for completion

6. Certificate of Title: Copy of the current title for the property

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Real Estate

Property Development

Construction

Banking and Finance

Investment Management

Agriculture

Commercial Property

Residential Property

Industrial Property

Public Sector

Legal Services

Relevant Teams

Legal

Real Estate

Property Management

Asset Management

Commercial Operations

Facilities Management

Investment

Compliance

Finance

Operations

Relevant Roles

Property Lawyer

Real Estate Agent

Property Manager

Legal Counsel

Conveyancing Lawyer

Property Developer

Investment Manager

Asset Manager

Commercial Director

Facilities Manager

Trust Manager

Estate Administrator

Property Consultant

Legal Executive

Settlement Officer

Industries
Property Law Act 2007: The fundamental legislation governing property transactions in New Zealand, including requirements for property transfers, legal interests in land, and covenants
Land Transfer Act 2017: Governs the registration of land titles and transfers in New Zealand's land registration system, including requirements for recording property assignments
Contract and Commercial Law Act 2017: Contains provisions about the execution of deeds and the formal requirements for valid contracts and assignments
Income Tax Act 2007: Relevant for tax implications of property transfers and assignments, including potential capital gains implications
Goods and Services Tax Act 1985: Governs GST implications for property transactions and assignments
Overseas Investment Act 2005: Relevant if the assignment involves overseas persons acquiring significant assets or sensitive land in New Zealand
Protection of Personal and Property Rights Act 1988: Important for ensuring parties have legal capacity to enter into property transactions
Residential Tenancies Act 1986: May be relevant if the property being assigned involves residential tenancies
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Deed Of Covenant On Assignment Of Lease

A New Zealand legal document that binds a new tenant to the terms of an existing lease when the lease is being transferred, creating direct contractual obligations between the landlord and new tenant.

find out more

Deed Of Assignment Of Goodwill

A New Zealand legal document that formally transfers a business's goodwill and associated intangible assets from one party to another.

find out more

Deed Of Assignment Of Rental Income

A New Zealand law-governed deed that legally transfers the right to receive rental income from property from one party to another.

find out more

Deed Of Assignment Of Property

A formal legal document under New Zealand law that transfers property ownership rights from one party to another, serving as a binding agreement for property assignment.

find out more

Deed Of Assignment Life Policy

A New Zealand legal document that transfers ownership and benefits of a life insurance policy from one party to another, executed as a deed under NZ law.

find out more

Deed Of Assignment By Way Of Security

A New Zealand legal instrument that creates a security interest by assigning specific assets or rights from an assignor to an assignee as collateral.

find out more

Deed Of Assignment Of Shares

A New Zealand law-governed deed that formally documents and executes the transfer of shares from one party to another, ensuring legal compliance and proper documentation of ownership change.

find out more

Deed Of Assignment Of Land

A New Zealand law-compliant deed that legally transfers land ownership from one party to another, meeting all requirements under NZ property law.

find out more

Deed Of Trust And Assignment Of Rents

A New Zealand law-governed deed that establishes a trust structure and assigns rental income, typically used for security or investment purposes.

find out more

Deed Of Assignment Of Loan

A New Zealand law-governed deed that transfers all rights and obligations under a loan agreement from one party to another, ensuring legal compliance and continued enforceability.

find out more

Deed Of Assignment And Transfer Of Rights

A New Zealand law-governed deed that formally transfers rights, assets, or property from an Assignor to an Assignee, ensuring legal compliance and enforceability.

find out more

Confirmatory Deed Of Assignment

A New Zealand law-governed deed that formally confirms and reinforces a previous assignment of rights, property, or obligations, providing additional legal certainty to the original transfer.

find out more

Assignment Of Lease Deed

A New Zealand legal document that transfers lease rights and obligations from an existing tenant to a new tenant, with the landlord's consent.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.