Professional Documents
Culture Documents
Head 3
Conveyancing and Legal Drafting
January 2022
Barnaby B. Mulenga
Drafting of Deeds
What is an Assignment
Formal parts of an Assignment
Drafting the Deed of
Assignment
Lodgement Schedule
ZIALE Head 3 - Lesson 7
Assignment
What is an assignment?
A transfer or making over to another of the whole
of any property, real or personal, in possession or
in action, or of any estate or right therein.
Bostrom v. Bostrom, 60 N.D. 792, 236 N.W. 732,
734. (Black’s Law Dictionary)
A deed which effects the Transfer of Property
from a Vendor to the Purchaser
ZIALE Head 3 - Lesson 7
Formal Parts of the Assignment
DATE THIS ASSIGNMENT is made the day of Two …
PARTIES BETWEEN CHARLES CHIBWE of ... (hereinafter called “the
Vendor”) of the one part and SHARON DAKA
of ... (hereinafter called “the
Purchaser”) of the other part
RECITALS WHEREAS ...
TESTATUM NOW THIS INDENTURE WITNESSETH ...
CONSIDERATION In pursuance of the said agreement and in consideration of the
sum of ..
RECEIPT The receipt of which sum the Vendor hereby
acknowledges
OPERATIVE The Vendor as Beneficial Owner hereby assigns unto the
Purchaser
PARCELS ALL THAT ...
HABENDUM TO HOLD the same unto the Purchaser
RESTRICTIONS SUBJECT to....................................................
PURCHASERS’
/INDEMNITY The Purchaser hereby covenants with the Vendor............
TESTIMONIUM IN WITNESS whereof the said parties have hereto set their
ZIALE Head 3 - Lesson 7
Date Clause
Draft as:
NOT as:
NOTE:
Date to always be in words
Date not inserted but usually left blank as date of Assignment is date
when it is lodged with the Lands and Deeds Registry in order to be
within the Law
ZIALE Head 3 - Lesson 7
Parties Clause
Parties clause depends on the parties to the Assignment and differs from case
to case.
ASSIGNMENT TO SOCIETY:
B E T W E E N MAGICAL HANDS LIMITED a Company incorporated in Zambia
and having its Registered office at Lusaka (hereinafter called “the Vendor”) of the
one part and GOLD VESSEL REGISTERED TRUSTEES a body corporate
established under the Land (Perpetual Succession) Act (hereinafter called “the
Purchaser”) of the other part.
ZIALE Head 3 - Lesson 7
Parties Clause cont’d
ASSIGNMENT BY LIQUIDATOR:
BETWEEN NKONGOLE ZAPAKA LIMITED (in liquidation) a company
incorporated in Zambia and having its registered office at Lusaka in the Lusaka
Province of the Republic of Zambia (hereinafter called “the Vendor”) acting
through NOEL ZIMBA of Lusaka in the Lusaka Province of the Republic of
Zambia the duly appointed Liquidator of NKONGOLE ZAPAKA LIMITED
(hereinafter called “the Liquidator”) of the one Part AND JOHN PHIRI of Kitwe
in the Copperbelt Province of the Republic of Zambia (hereinafter called “the
Purchaser”) of the other part
ASSIGNMENT BY MORTGAGEE:
B E T W E E N TRUSTED BANK ZAMBIA LIMITED a Company incorporated
in Zambia and having its Registered office at Lusaka (hereinafter called “the
Vendor”) of the one part and REFERENDUM ZULU and CLAIRE ZULU both
of Lusaka in the Lusaka Province of the Republic of Zambia (hereinafter called
“the Purchasers”) of the other part
ZIALE Head 3 - Lesson 7
Parties Clause cont’d
ASSIGNMENT BY RECEIVER:
BETWEEN THE SOUTHERN MARKETING LIMITED a
Company incorporated in Zambia and having its
registered office at Lundazi (hereinafter called “the
Company”) of the first part BRIGHT MWENSO of
Lusaka in the Lusaka Province of the Republic of
Zambia (hereinafter called “the Receiver”) of the
second part and BORIS WELLINGTON of Kent in the
United Kingdom (hereinafter called “the
Purchaser”) of the third part
ZIALE Head 3 - Lesson 7
RECITALS
100 YEARS LEASE OR STATUTORY LEASE
The Vendor is a tenant or lessee of a term of one hundred years from the first day of July one thousand
nine hundred and seventy five created by the Land (Conversion of Titles) Act 1975 at a rent reserved SUBJECT
TO the conditions and covenants in part one to the first schedule of the Land (Conversion of titles) Regulations
1975
Section 6 of the Lands Act provides for the surrender of land held by a Council –
AND WHEREAS the Vendor has agreed with the Purchaser for the sale to the
Purchaser of Subdivision A of Subdivision 12 of Subdivision L of farm No. 34a and more
particularly delineated and described in the Second Schedule hereto at the price of
two million Kwacha (K2,000,000.00)
Example 2
2. The Purchaser with the object and intention of affording to the Vendors and their
successors a full sufficient indemnify in respect of the rent covenants and conditions reserved
and contained in the Lease but not further or otherwise covenant with the vendors as follows:
(a) to pay the reserved rent henceforth to become payable in respect of the premises
(b) to perform and observe all the covenants and conditions henceforth on the part of the
Lessee to be performed and observed
3. The necessary consent in writing to the Assignment hereby made has been duly
obtained and Property Transfer Tax paid to the Collector of Taxes
4. It is hereby certified that for the purpose of any duty payable the aggregate amount or
value of the consideration for this transaction does not exceed Five Million Five Hundred
Thousand Kwacha (K5,500,000)
NOTE: Clauses 3 and 4 are always included before the Testimonium clause
ZIALE Head 3 - Lesson 7
Indemnity Clause
Example 3
2. The purchasers HEREBY COVENANT with the Vendor that the Purchasers and
each of them will at all times henceforth duly pay all such rent becoming due and
observe and perform the said convenants and conditions on the part of the lessee to
be observed and performed and also will at all times henceforth save harmless and
keep indemnified the Vendor from and against all proceedings costs claims and
expenses on account on any omission to pay the said rent or any breach of the said
covenants conditions.
Example 4
2. The Purchaser HEREBY COVENANTS with the Vendor that the Purchaser and
his assigns will at all times henceforth duly pay all such rent becoming due and
observe and perform the said covenants and conditions on the part of the lessee to be
observed and performed and also will at all times henceforth save harmless and keep
indemnified the Vendor from and against all proceedings costs claims and expenses on
account on any omission to pay the said rent or any breach of the said covenants and
conditions
ZIALE Head 3 - Lesson 7
Indemnity Clause
Example 5 – Assignment by Liquidator
2. The Purchasers with the object and intention of affording to the company and
its successors a full sufficient indemnify in respect of the rent covenants and
conditions reserved and contained in the Lease but not further or otherwise covenant
with the Company as follows:
(a) to pay the reserved rent henceforth to become payable in respect of the
premises.
(b) to perform and observe all the covenants and conditions henceforth on
the part of the Lessee to be performed and observed.
3. The Liquidator HEREBY COVENANTS with the Purchasers that the Liquidator
has not executed or done or knowingly suffered or been party or privy to any deed or
thing whereby or by means whereof the subject matter of this Assignment or any part
thereof is or may be impeached charged affected or incumbered in title estate or
otherwise or whereby or by means whereof the Company is in anywise hindered from
assigning the subject - matter of this agreement in the manner in which it is
hereinbefore expressed to be assigned.
ZIALE Head 3 - Lesson 7
Indemnity Clause
Example 6 – Assignment by Personal Representative
AND the Purchaser will henceforth during the continuance of the said term pay
the rent reserved and perform and observe the said covenants on the part of
the Lessee and conditions prescribed in respect of the said property by the
regulations and will at all times keep the Vendor effectively indemnified against
all actions and proceedings damage expense and demands whatsoever by
reason or on account of the non-payment of the said rent or any part thereof
or the breach non-performance or non-observance of the said covenants and
conditions or any of them the Vendor HEREBY DECLARES that he has not
previously hereto given or made any assignment or assent in respect of any
legal estate in the property hereby assigned or any part thereof and the Vendor
HEREBY ACKNOWLEDGES the right of the Purchaser to the production of the
Probate of the said Will of the Testator (the possession of which is retained by
the Vendors) and the delivering of copies thereof.
Both Companies:
IN WITNESS whereof the Vendor and the Purchaser have caused their respective
common seals to be hereunto affixed the day and year of before written.
Assignment by Liquidator:
IN WITNESS whereof the Company (acting by the Liquidator) has caused its Common
Seal to be hereunto affixed and the other parties hereto have hereunto set their
respective hands and seals the day and year first before written.
Assignment by Receiver:
IN WITNESS whereof the Vendor has caused its Common Seal to be hereunto affixed
and the Purchaser and Receiver have hereunto set their hands and seals the day and
year first before written
ZIALE Head 3 - Lesson 7
Schedules
SCHEDULE
ALL THAT piece of land in extent four thousand one hundred and
ninety (4190) square metres more less being the Remaining Extent
of Subdivision No. 281 of Farm No. 441 situate near Lusaka in the
Central Province of the Republic of Zambia which piece of land is
more particularly delineated and described on diagram No. 814 of
1989 annexed to the Certificate of Title relating thereto EXCEPT
AND RESERVED all minerals oils and precious stones whatsoever
upon or under the said land.
WITNESS
Name: …………………………….
Address: ………………………….
Occupation: ………………………
WITNESS
Name: …………………………….
Address: ………………………….
Occupation: ………………………
DIRECTOR: ……………………….
SECRETARY: ………………………
DIRECTOR: ……………………….
SECRETARY: ………………………
ZIALE Head 3 - Lesson 7
Attestation Clause
Assignment by Liquidator:
THE COMMON SEAL of MONEY MAKERS LIMITED )
was hereunto affixed to this Deed by the direction )
of the said Liquidator and in his presence: )
WITNESS
Name: …………………………….
Address: ………………………….
Occupation: ………………………
WITNESS
Name: …………………………….
Address: ………………………….
Occupation: ………………………
WITNESS
Name: …………………………….
Address: ………………………….
Occupation: ………………………
WITNESS
Name: …………………………….
Address: ………………………….
Occupation: ………………………
ZIALE Head 3 - Lesson 7
Questions?