Lease Option/Assignments Option Fee, Option Deposit, Option Consideration, Assignment Fee

[Account Closed]

Lease Option/Assignments: Option Fee, Option Deposit, Option Consideration,Consideration fee, Assignment Fee, Lease Assignment, Option Assignment

I'd love it, If a few of the experts in the Bigger Pockets forums would provide some insight into these terms, that I have heard tossed around 'like the S.S. Minnow in a hurricane". Can you guys define what they are and at what juncture in the "Cooperative Assignment" processed will they be utilized.

Also, if process is done correctly, and to the satisfaction of "Tenant Seller" and "Tenant Buyer"...A Win Win...at what point can I bank my earnings for time and effort for putting deal together?

John Jackson, Brian Gibbons, your input: Highly Encouraged!!!!

Thanks in Advance,

Paul