Assignation Flashcards
What is assignation?
Transfer of incorporeal property
What do we call the person doing the transfer?
Transferor/ the assignor or the cedent
What do we call the person receiving the right?
the transferee or the assignee
What is the third party called?
The debtor
If you transfer an incororepal thing what is it often?
A personal right
Can all personal rights be transferred?
No
What type of personal rights cannot be transferred?
Deletes Personai: rights against a specific person
What persona right is often transferred?
The right to payment of money
What is the condition of assigning the right to money to someone?
That the debtor must know the transfer of the right has occurred
Do you need to give consent for this right to money to be transferred to someone else?
No, you simply must know of it.
Does there need to be a contract for assignation?
Yes, it can be written or verbal.
What stage is done through this deed?
Contract and conveyance stage as nothing corporeal so bit of paper works instead.
As conveyance stage also done here what is that deed called?
Deed of assignation
When is conveyance completed?
When deed handed over
Is there a standard form of specific wording for deed?
No, but it must be clear what is being transferred and to whom.
Specifics must all be there.
What is the external act of this transfer?
Intimation (telling) to the debtor
Where are the conditions of this transfer laid out?
Transmission of Moveable Property (Scotland) Act 1863 s2
What happens under s2?
You get either a notary public to certify your assignation them complete a certificate of assignation and serve it to the debtor
This complex way is not often used
More common method for assignation?
Certified copy of the deed of assignation went by recorded delivery post
The deal does not change in anyway other than the person you are paying to changes
Nemo dat: assignatus uititur jure auctoirs:
Assignee gets the same rights as the assignor
What case was this v important in?
Scottish Widows Fund v Duist
What happened in Scottish Widows Fund v Duist
Had his life insurance policy with Scottish Widows. He then assigned his rights to another. So when he t=died someone else would get the money.
But turned out he’d lied about his health so no payout owed.
Assignee claimed not fair as he hadn’t lied or known of lie.
Court said was fair, can’t transfer a right you don’t have.
What must the transferor include in the assignation to ward against this principle?
A warrandice (promising that the debt does exist and if it doesn’t then they can claim it from the assignee)
Transfer or Intellectual Property Rights?
Same process but no intimation needed as held against the world at large.