Assignee – a person to whom a property right is assigned, that is, the one to whom an assignment is made

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assignee:
(14c)

1. One to whom property rights or powers are transferred by another.  *  Use of the term is so widespread that it is difficult to ascribe positive meaning to it with any specificity.  Courts recognize the protean nature of the term and are therefore often forced to look to the intent of the assignor and assignee in making the assignment — rather than to the formality of the use of the term assignee — in defining rights and responsibilities. — aka assign. [1]

1. A person to whom a right is assigned, that is, the one to whom an assignment is made.  6 Am J2d Assign §  2.

A person who becomes invested with the right of another person through some voluntary act of that other person.  United States v Colorado Anthracite Coal Co., 225 US 219, 56 L Ed 1063, 32 S Ct 617.

More broadly defined as including all those who take either immediately or remotely from or under the assignor, whether by conveyance, devise, descent, or act of law. Hoffeld v United States, 186 US 273, 46 L Ed 1160, 22 S Ct 927.

Where there are no qualifying words, the term in its usual meaning refers to an assignee in fact and does not comprehend an assignee by mere operation of law, such as a surviving partner. Burlington Nat. Bank v Beard, 55 Kan 773, 42 P 320.

The words “assignee of such deceased person” in a statute disqualifying an adverse party as a witness is limited to an assignee in fact, and does not include an assignee by mere operation of law. So construed, the word does not include a legatee, a purchaser at an execution sale, or a trustee appointed on the death of a testamentary trustee. 58 Am, J1st Witn § 335. [2]

1. A person to whom a right is assigned. [3]

Types of Assignees:

absolute assignee: (1809) Someone who is assigned an unqualified interest in property in a transfer of some or all of the incidents of ownership.

assignee ad interim: An assignee appointed between the time of bankruptcy and the appointment of a regular assignee.

assignee for value: (18c) An assignee who has paid for or otherwise given consideration for the assignment.

co-assignee: (1856) Someone who, along with one or more others, is an assignee of the same subject matter.

collateral assignee: (1889) A lender who is assigned an interest in property (usu. real property) as security for a loan.

gratuitous assignee: (1928) An assignee under an assignment not given for value.

subassignee: (1830) A person to whom a right is assigned by one who is a previous assignee of the right.

2. See assigned servant under SERVANT. [1]

References:

Disclaimer: All material throughout this website is compiled in accordance with Fair Use.

[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black & Editor in Chief Bryan A. Garner. ISBN: 978-0-314-62130-6

[2]: Ballantine’s Law Dictionary with Pronunciations
Third Edition
 by James A. Ballantine (James Arthur 1871-1949).  Edited by William S. Anderson.  © 1969 by THE LAWYER’S CO-OPERATIVE PUBLISHING COMPANY.  Library of Congress Catalog Card No. 68-30931

[3]: Ballantine’s Law Dictionary Legal Assistant Edition
by Jack Ballantine 
(James Arthur 1871-1949).  Doctored by Jack G. Handler, J.D. © 1994 Delmar by Thomson Learning.  ISBN 0-8273-4874-6.

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