ASSIGNOR

assignor  (as-<<schwa>>-noror  <<schwa>>-sI-n<<schwa>>r  or  <<schwa>>-sI-nor).  One who transfers property rights or powers to another. — Also spelled assigner. [Cases: Assignments C.J.S. Assignments §§ 2–7; Right of Privacy and Publicity § 42.][Blacks Law 8th]

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ASSIGNMENT OF RIGHTS

assignment of rights.Contracts. The transfer of rights, esp. contractual rights, from one party to another. [Cases: Assignments    17.][Blacks Law 8th]

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ASSIGNMENT-OF-RENTS CLAUSE

assignment-of-rents  clause.A  mortgage  provision  or  separate  agreement  that  entitles  the lender to collect rents from the  mortgaged  premises if the borrower  defaults. [Cases: Mortgages 199(2). C.J.S. Mortgages §§ 301–302.][Blacks Law 8th]

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ASSIGNMENT-OF-INCOME DOCTRINE

assignment-of-income  doctrine.Family law.  The  common-law principle that the  person who has earned income is the person taxed on it, regardless of who receives the proceeds. • Under this doctrine,  future income  assigned  to another  is taxable  to the  assignor.  For  example,  in  Lucas  v. Earl,  281  U.S.  111,  50  S.Ct.  241  (1930),  the  Court  held …

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