An assignment is effective from the moment it is made,regardless of whether the assignor notifies the obligor.

Question

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According to the legal principle of assignment, an assignment becomes effective upon its documentation and does not require notification to the obligor or the third party. Once it is documented, the assignee becomes the new owner of the property or right, and the obligor must perform their obligations towards the assignee, not the assignor.

An Assignment Is Effective from the Moment It Is Made,regardless