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Need to assign your rights and duties under a contract? Learn more about the basics of an assignment and assumption agreement.The AC states that the assignor makes no representations or warranties about the property or the agreement. Neither Owner nor Architect shall assign this. Agreement as a whole without the written con- sent of the other, except that Owner may assign. For example, if Karrie's business is tree trimming, not lawn mowing, the contract can't be assigned to her. Assigning Intellectual Property. Assigned Agreement, Assignor delivered to Southern (i) that certain Irrevocable Letter of. An assignment may not transfer a duty, burden or detriment without the express agreement of the assignee. Distinguish an assignment from an agency or subcontracting agreement).