USA Assignment of Option to Purchase Personal Property

Transfer, sell and assign an Option to Purchase Agreement for personal property (vehicles, equipment, or other chattels) with this Assignment of Option to Purchase Personal Property form for the USA.

• This form CANNOT BE USED for an option to purchase real estate.
• The assignee takes on all of the assignor’s obligations and liabilities under the contract for sale, and indemnifies and holds the assignor harmless against any liability or from any deficiency or defect in the terms of the contract.
• The assignor grants the assignee the right to recover any deposits paid by the assignor.

This USA Assignment of Option to Purchase Personal Property template is provided in MS Word format, and is easy to download, fill in with your details, and print.