Deed of Novation
A Deed of Novation transfers a party's contractual rights and obligations to a third party, upon the consent of those two parties and the other party to the contract.
Last updated October 23, 2025
Suitable for Australia
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What is a deed of novation?
What is a deed of novation?
When should you use a deed of novation?
When should you use a deed of novation?
What should be in a deed of novation?
What should be in a deed of novation?
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Frequently asked questions
How is novation different from assignment?
keyboard_arrow_upWho must sign the deed for it to be valid?
keyboard_arrow_upWhat are common mistakes to avoid with novation?
keyboard_arrow_upDoes the deed cover expenses or liabilities?
keyboard_arrow_upIs this deed suitable for all Australian jurisdictions?
keyboard_arrow_upWhat are the next steps after signing the deed?
keyboard_arrow_upWhat risks are associated with using this document?
keyboard_arrow_upView Sample Deed of Novation
The Legal Risk Score of a Deed of Novation Template is Medium
Our legal team have marked this document as medium risk considering:
- The document must be properly executed as a deed.
- The document may deal with large amounts of assets.
- The novation must align with the three parties to be effective.
Meet Our Users
Articles about Deed of Novation
What is Novation of Contract?
Want to alter the terms or parties to your contract? You can do this with a novation of contract. Learn everything there is to know.
Difference Between Assignment and Novation
Looking to transfer a contract to a 3rd party? Read this article to understand the difference between your options of an assignment or novation?
The Lawpath Blog
Stay up to date with legal concepts, tactics and strategies for your business
What Is A Deed Of Priority?
It's likely you'll come across an important legal document known as a Deed of Priority at some point. Read more about what they are and how they work here.
What is the Difference Between Deeds and Agreements?
Interested in learning more about the differences between deeds and agreements? This blog will explain everything you need to know.
What is a Deed of Settlement? (2025 Update)
Looking for an alternative to litigation? Find out how a deed of settlement can provide a negotiated resolution to your legal dispute here.
Should Employees Sign a Deed of Release?
Being an employer can be challenging. As employees come and go, it's good to know when a deed of release is useful. Read more about when to use one here.
What Is A Novated Lease?
A novated lease can be a useful arrangement to have in business. Read more about how this arrangement works and what to look out for here.
What Is A Release Deed?
A deed of release is important as it ensures both parties are fully aware of the agreements and terms of a settlement. This article will cover everything you need to know about release deeds.
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