Deed of assignment of equitable interest in land

by Practical Law Property

A standard document that provides a template deed for assigning a beneficial interest in land from one party to another under the law of England and Wales. This standard document is designed to formalise the transfer of an equitable interest in a property, where the legal title is held by a separate owner or trustee. It sets out the core terms of the assignment, defining the specific beneficial interest being transferred from the assignor to the assignee. The deed also includes key provisions addressing the allocation of costs, along with an optional clause requiring the parties to give written notice of the assignment to the legal owner of the property. The template offers a clear framework for legally documenting the change in beneficial ownership of the equitable estate in the property.