Assignment of Rights
An assignment of rights occurs when one party transfers its legal rights or obligations under a contract to another party. In the UAE, assignment clauses are common in business agreements, including intellectual property rights, real estate transactions, and commercial contracts. However, UAE law often requires the consent of all parties involved, and in some cases, government approvals may be necessary—especially for assignments involving property or licenses. Careful drafting of assignment clauses in contracts ensures compliance with UAE law and prevents disputes over transferred obligations.
