Definition from Nolo’s Plain-English Law Dictionary A person to
whom a property right is transferred. For example, an assignee
may take over a lease from a tenant who wants to permanently
move out before the lease expires. The assignee takes control of
the property and assumes all the legal rights and
responsibilities of the tenant, including payment of rent.
However, the original tenant remains legally responsible if the
assignee fails to pay the rent. Definition provided by Nolo’s
Plain-English Law Dictionary. August 19, 2010, 5:11 pm