It is legally necessary to notify the obligor of any assignment of rights to a third party.

Question

Quizplus · Accepted Answer

It is true that it is legally necessary to notify the obligor (the person who is obligated to perform a duty or pay a debt) of any assignment of rights to a third party. This is because the third party (the assignee) steps into the shoes of the assignor and can enforce the rights against the obligor, but the obligor needs to know who they are dealing with and who has the right to demand performance or payment. Failure to provide notice could result in the assignment being invalid or unenforceable.

It Is Legally Necessary to Notify the Obligor of Any