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Updated almost 9 years ago on . Most recent reply

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6
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Justin Foley
  • Las Vegas, NV
0
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6
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Principle in the transaction

Justin Foley
  • Las Vegas, NV
Posted

I have done some research on the "lease option assignment" strategy, and am currently calling sellers who are interested in this. I keep on hearing the term "be a principle in the transaction", or else its not legal.

What is the name of the document (or clause in the contract, Im not too sure), that ensures I am indeed a "principle in the transaction"

Thank you for your time

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