"Able to execute assignment contract"

[Ivan Mendoza]

Hello BP Forum , 

I'm looking to purchase a wholesale duplex in NY.  One of the terms states "Quick Closing * – Buyer must be willing and able to execute assignment contract by set date" 

Not sure what this term is stating with "execute assigned contract" . Is it stating that home has specific repairs or stipulations that need to be performed in order to obtain home? Or is it just stating contract will be assigned to buyer? 

Thank you for you help! 

Ivan