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Updated almost 10 years ago,

User Stats

71
Posts
5
Votes
Javier Osuna
Pro Member
  • Investor
  • San Diego, CA
5
Votes |
71
Posts

Assignment contracts (residential vs commercial)

Javier Osuna
Pro Member
  • Investor
  • San Diego, CA
Posted

Hello fellow investors,

I'd like to pick the brain of a more seasoned investor(s) with a few deals under his or her belt than I... 

Can someone tell me whether the same one page assignment contract that would work to wholesale a residential property (1 to 4 units), work to assign equitable rights on a commercial multi-family property (say, an apartment building or complex)? Even though the property types are different, the principle is the same, is it not? Would the wording need to change depending on the type of property we're dealing with? Would different clauses be needed?

I'd really appreciate some guidance and thank you in advance.

Sincerely,

Javier (Beginner investor from San Diego, CA)

  • Javier Osuna
  • Loading replies...