a deed is referred to as a legal document that serves as an instrument used regarding the transfer, assignment, or bargain of a property or rights. a deed of assignment is one type of deed that is used not only in legal practices but also in the business industry during sale and transfer transactions. you may download these sample and templates for free. a deed of assignment is a document that contains the details of a transaction that involves the transfer of ownership of a property from one entity to another. there will always be two parties involved in a deed of assignment and they are the assignee and the assignor. the concept of a deed of agreement is very similar to that of a legal agreement or legal contract, where there is a party who creates an offer and another party who accepts the offer. that is exactly the same as a deed of assignment.