Ƶ

All Countries
Real Estate
Deed Of Assignment Of Receivables

Deed Of Assignment Of Receivables Template for Philippines

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Deed Of Assignment Of Receivables

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Deed Of Assignment Of Receivables

"I need a Deed of Assignment of Receivables under Philippine law to transfer my company's outstanding customer invoices (worth approximately PHP 5 million) to a factoring company, with the assignment to be completed by March 2025."

Celebrated by
Collaborations with
Investors
Document background
A Deed of Assignment of Receivables is commonly used in the Philippines when a business or individual wants to transfer their right to receive payments to another party, often for immediate financing or debt settlement. This document is particularly relevant in factoring arrangements, securitization transactions, or as part of broader financing structures. It must comply with the Civil Code of the Philippines, particularly Book IV on Obligations and Contracts, and may require registration or notice to perfect the assignment. The deed typically specifies the receivables being transferred, the consideration for the transfer, and includes warranties about the existence and validity of the receivables. It's essential in commercial transactions where businesses seek to monetize their receivables or restructure their financial arrangements.
Suggested Sections

1. Parties: Identifies and provides full details of the Assignor and Assignee, including their respective addresses and legal status

2. Background: Explains the context of the assignment, including the existence of the receivables and the Assignor's right to assign them

3. Definitions: Defines key terms used throughout the deed, including 'Receivables', 'Debtor(s)', 'Assignment Date', etc.

4. Assignment: Core provision detailing the transfer of rights from Assignor to Assignee, including the effective date and scope of assignment

5. Consideration: Specifies the payment or other consideration for the assignment

6. Representations and Warranties: Assignor's confirmations regarding ownership, right to assign, and status of receivables

7. Assignor's Covenants: Ongoing obligations of the Assignor, including cooperation in enforcement and documentation

8. Notice and Perfection: Requirements for notifying debtors and perfecting the assignment

9. Further Assurance: Obligations to execute additional documents or take actions to give effect to the assignment

10. Governing Law and Jurisdiction: Specifies Philippine law as governing law and designates jurisdiction for disputes

11. Execution: Formal execution block including notarization requirements under Philippine law

Optional Sections

1. Security Provisions: Include when the assignment is intended as security for other obligations

2. Recourse Provisions: Include when the assignment is with recourse to the Assignor

3. Collection Arrangements: Include when specific collection procedures or arrangements are agreed

4. Tax Provisions: Include detailed tax provisions when complex tax implications exist

5. Confidentiality: Include when sensitive commercial information is involved

6. Data Protection: Include when personal data is involved in the receivables

7. Anti-Money Laundering Compliance: Include for assignments involving regulated entities or large sums

8. Electronic Execution: Include when document will be executed electronically under E-Commerce Act

Suggested Schedules

1. Schedule of Receivables: Detailed list of all receivables being assigned, including debtor details, amounts, and due dates

2. Form of Notice to Debtors: Template notice to be sent to debtors informing them of the assignment

3. Copies of Original Contracts: Copies of the underlying contracts giving rise to the receivables

4. Payment Details: Banking and payment information for the consideration

5. Power of Attorney: If applicable, power of attorney for Assignee to act in Assignor's name

6. Corporate Authorizations: Copies of relevant corporate authorizations and board resolutions

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions





































Clauses
































Relevant Industries

Banking and Financial Services

Insurance

Manufacturing

Retail

Real Estate

Construction

Healthcare

Telecommunications

Utilities

Professional Services

Technology

Agriculture

Export/Import

Transportation and Logistics

Relevant Teams

Legal

Finance

Treasury

Credit Control

Accounts Receivable

Risk Management

Collections

Corporate Secretarial

Business Development

Operations

Relevant Roles

Chief Financial Officer

Finance Director

Treasury Manager

Credit Manager

Accounts Receivable Manager

Financial Controller

Legal Counsel

Corporate Lawyer

Commercial Director

Risk Manager

Collections Manager

Business Development Manager

Contract Administrator

Company Secretary

Finance Operations Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Deed Of Assignment In (Construction)

A Philippine law-governed document that transfers construction contract rights and obligations from one contractor to another, ensuring legal compliance and continuity of construction projects.

find out more

Assignment Of Beneficial Interest In Property

A Philippine law-compliant document transferring beneficial ownership rights in property from one party to another, while maintaining separate legal title.

find out more

Deed Of Assignment Motor Vehicle

A Philippine legal document that facilitates the transfer of motor vehicle ownership from one party to another, complying with local transportation laws and LTO requirements.

find out more

Deed Of Assignment Life (Insurance)

A Philippine law-governed document that legally transfers ownership or benefits of a life insurance policy from one party to another, complying with local insurance regulations and requirements.

find out more

Deed Of Assignment Of Partnership Interest

A Philippine law-governed deed that formalizes the transfer of partnership interest from one party to another, including all associated rights and obligations.

find out more

Deed Of Assignment Of Goodwill

A Philippine law-governed document that formally transfers business goodwill and associated intangible assets from one party to another.

find out more

Deed Of Assignment Transfer Of Ownership

A Philippine law-governed document that legally transfers ownership rights from an Assignor to an Assignee, including all necessary provisions for valid property transfer.

find out more

Deed Of Assignment Of Rental Income

A Philippine law-governed document that transfers rights to rental income from a property owner to another party, typically used in financing arrangements.

find out more

Deed Of Assignment Of Property

A formal legal document under Philippine law that transfers property ownership rights from an assignor to an assignee, requiring notarization and proper registration.

find out more

Deed Of Assignment Mortgage

A Philippine law-governed document that transfers mortgage rights and interests from one party to another, including all associated rights and obligations under the original mortgage.

find out more

Deed Of Assignment Loan Agreement

A Philippine law-governed document that transfers loan rights and obligations from one lender to another, including associated security interests and enforcement rights.

find out more

Deed Of Assignment Contract

A Philippine law-governed document that legally transfers rights, property, or assets from an Assignor to an Assignee, requiring proper execution and notarization under local regulations.

find out more

Deed Of Assignment By Way Of Transfer

A formal legal document under Philippine law that transfers complete ownership rights in property from an Assignor to an Assignee.

find out more

Deed Of Rental Assignment

A Philippine legal document that transfers rental rights and obligations from an existing tenant to a new tenant, subject to Philippine property law and requiring proper notarization.

find out more

Deed Of Conveyance And Deed Of Assignment

A Philippine legal document that transfers property ownership and rights from one party to another, requiring notarization and registration under Philippine law.

find out more

Deed Of Assignment With Waiver Of Rights

A Philippine law-compliant legal document that transfers rights or property from one party to another while including an explicit waiver of specific rights by the transferring party.

find out more

Deed Of Assignment With Assumption Of Mortgage

A Philippine law-governed deed that transfers property ownership and existing mortgage obligations from one party to another, with the mortgagee's consent.

find out more

Deed Of Assignment Of Tenancy

A Philippine law-compliant document that transfers tenancy rights and obligations from an existing tenant to a new tenant with landlord's consent.

find out more

Deed Of Assignment Of Stock Subscription

A Philippine law-governed document that transfers stock subscription rights from one subscriber to another, compliant with local corporate regulations.

find out more

Deed Of Assignment Of Rental Proceeds

A Philippine law-governed deed that transfers the right to receive rental payments from a property owner to another party, typically used in financing arrangements or property management.

find out more

Deed Of Assignment Of Receivables

A Philippine law-governed document that transfers rights to receive payment from one party to another, including terms and conditions of the transfer.

find out more

Deed Of Assignment And Transfer Of Rights

A legal instrument under Philippine law that transfers ownership rights from an Assignor to an Assignee, requiring formal execution and potentially government registration.

find out more

Deed Of Assignment And Assumption

A Philippine law-governed document that formally transfers rights and obligations from an Assignor to an Assignee, requiring notarization and possible registration with relevant authorities.

find out more

Deed Of Absolute Assignment

A Philippine legal document that permanently transfers ownership rights from an Assignor to an Assignee, requiring notarization and compliance with local property laws.

find out more

Confirmatory Deed Of Assignment

A legal document under Philippine law that confirms and reinforces a previous assignment of rights, property, or interests between parties.

find out more

Assignment Of Lease Deed

A Philippine legal document that transfers lease rights and obligations from an existing tenant to a new tenant, subject to Philippine civil law and requiring landlord consent.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.