A Novation Agreement is a legal document that facilitates the transfer of rights and obligations from one party to another within an existing contract. This template guides you through drafting a clear and enforceable novation, covering essential elements such as parties involved, terms of transfer, consent requirements, and liabilities. It ensures that all parties understand their roles and responsibilities, minimizing disputes and legal risks. Use this template to create a professional novation agreement tailored to your specific contractual needs.
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