diff --git a/README.md b/README.md
index 6195cce..e030975 100644
--- a/README.md
+++ b/README.md
@@ -279,7 +279,7 @@ PAYLOAD:
         "publicKey": "<base58 string>",
         "privateKey": "<base58 string>"
     },
-    "sourceRightId": "<ID of an existing Right that allows for the creation of this new Right>"
+    "sourceRightId": "<ID of an existing Right that allows for the creation of this new Right; must be held by the user specified in `currentHolder`>"
 }
 
 RETURNS:
@@ -296,3 +296,44 @@ RETURNS:
 To check if your POST was successful, follow the steps in [registering a
 manifestation](#was-my-post-to-manifestations-successful) and use the returned
 Right's data instead.
+
+
+### Transfer a Right
+
+You may only transfer a Right that you are currently holding. RightsAssignment
+entities are automatically created for each transfer and may include additional,
+arbitrary attributes if a `rightsAssignment` dict is given in the payload.
+
+```
+POST /api/v1/rights/transfer
+HEADERS {"Content-Type": "application/json"}
+
+PAYLOAD:
+{
+    "rightId": "<ID of an existing Right to transfer; must be held by the user specified in `currentHolder`>",
+    "rightsAssignment": {
+        ...
+    },
+    "currentHolder": {
+        "publicKey": "<base58 string>",
+        "privateKey": "<base58 string>"
+    },
+    "to": {
+        "publicKey": "<base58 string>",
+        "privateKey": "<base58 string>"
+    }
+}
+
+RETURNS:
+{
+    "rightsAssignment": {
+        "@id": "<currently empty>",
+        "@type": "RightsTransferAction",
+        ... (provided `rightsAssignment`)
+    }
+}
+```
+
+To check if your POST was successful, follow the steps in [registering a
+manifestation](#was-my-post-to-manifestations-successful) and use the returned
+Right's data instead.