Novation agreements

Novation agreements change the parties to a contract, transferring the benefits and obligations to another business or individual. Our agreements have been drawn for common situations where all parties to the contract (new and old) agree to the novation.

    Templates

    Novation agreement: transfer of service contract

    Transfer a service contract between customers using this easy to use and effective novation contract. Although this novation agreement can be used to transfer any service contract, we have used the example of a transfer of website hosting services between hosting providers. Changes for other types of service agreement are very simple to make. The most common use for this agreement would be to change the parties to service contracts on the purchase of a business.

    Novation agreement: transfer debt to new creditor

    Transfer the right to receive a debt repayment from creditor to his transferee. Common uses would be one-off transfer of a debt, or when factoring debt (buying the debts or loans owed to the seller) or when buying a business that has extended credit to customers. This is an easy to use, effective novation agreement.

    Novation agreement: transfer debt to new debtor

    Transfer a debt obligation from one party to another with the creditor's permission, for example when restructuring debt or when selling a business and its obligations. This is an easy to use, effective novation agreement.

    Novation agreement: transfer of architectural or building contract

    Easy to use novation agreement for use where the customer of an architectural or construction contract changes part-way through the project (e.g. where the land and part-completed buildings are sold).

    How our service works
    Edit your document
    Edit Your Document
    Download your document & complete it at your own pace. Our guidance notes explain what to consider and how to edit.
    Upload for legal reviews
    Upload for Legal Review
    Let our legal team check that the document does what you intend.
    Print, Date & sign
    Print, Date & Sign
    Signing the document makes it legally binding.
    watertight guarantee
    Backed by our watertight guarantee

    If the document isn’t right for your circumstances for any reason, just tell us and we’ll refund you in full immediately.

    writing in plain english
    Written in plain English

    We avoid legal terminology unless necessary. Plain English makes our documents easy to understand, easy to edit and more liklely to be accepted.

    Notes
    Guidance notes included

    You don’t need legal knowledge to use our documents. We explain what to edit and how in the guidance notes included at the end of the document.

    email
    Support from our legal team

    We offer free support by email in respect of editing the document. You can also use our Document Review Service if you want to our legal team to check that the document will do as you intend.

    Update
    Up to date with the latest law

    Our documents comply with the latest relevant law. Our lawyers regularly review how new law affects each document in our library.

    © 2000 - 2022 Net Lawman Limited.
    All rights reserved