Document background
The Short Form Assignment Agreement is designed for use in the United Arab Emirates when parties need to document the transfer of rights, assets, or property in a clear and legally compliant manner. This document is particularly useful for straightforward assignments that don't require complex terms or conditions, while ensuring compliance with UAE Federal Laws including the Civil Code (Federal Law No. 5 of 1985) and Commercial Transactions Law (Federal Law No. 18 of 1993). It's commonly used for assignments of intellectual property rights, contract rights, or other transferable assets where parties prefer a streamlined approach. The agreement includes essential provisions required under UAE law while maintaining brevity and clarity, making it suitable for both commercial and individual transactions where detailed assignment terms aren't necessary.
