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Updated about 6 years ago on . Most recent reply presented by

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292
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Sean Dezoysa
  • Investor
  • Toledo, OH
34
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292
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Are assignment contracts a matter of public record?

Sean Dezoysa
  • Investor
  • Toledo, OH
Posted

I believe double closes are since a wholesaler owns the property for a few minutes. 

Are assignment contracts also considered a part of the purchase contract and thus subject to being recorded? If the wholesaler has a judgement can this cause lien issues for the cash buyer?

Most Popular Reply

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Carl Fischer
  • Rental Property Investor
  • Ambler, PA
1,382
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Carl Fischer
  • Rental Property Investor
  • Ambler, PA
Replied

@Sean Dezoysa

Purchase Contracts are not usually recorded nor are assignments of contracts. I assume you could if record them if you wanted to. 

  • Carl Fischer
  • [email protected]
  • 215-283-2868
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