Wholesaling
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
assignment agreement between Wholeseller and End buyer Question
Hello to Everyone!
i have two questions.
1.Can i construct the assignment agreement to where the end buyer signs the agreement prior to seeing the property and has 24 hours after seeing the project to deposit earnest money into the escrow account and in case he hasn't deposited the funds within the specified period of time, the agreement is canceled and may prioritize other Investor/End buyer?
2. Adding a clause specifying that in case the end buyer is reaching out to a seller after seeing the project while he is assigned or withdrawn from the agreement without my full consent and act in unethical ways, he will be liable to pay a sum amount of $5000 excluding attorney fees, court fees and a final decision by court to my name ?
Thanks in advance !!