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Updated almost 11 years ago, 12/20/2013

User Stats

20
Posts
2
Votes
Ray Gonzales
  • San Antonio, TX
2
Votes |
20
Posts

assignment form

Ray Gonzales
  • San Antonio, TX
Posted

Hi guys,

Happy holidays first and for most.

can somebody tell me what assignment form I can download from this site for TX. Like a universal form that y'all have used before

User Stats

20
Posts
2
Votes
Ray Gonzales
  • San Antonio, TX
2
Votes |
20
Posts
Ray Gonzales
  • San Antonio, TX
Replied

[REMOVED]

thank you so much!!

User Stats

21,918
Posts
12,874
Votes
Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
12,874
Votes |
21,918
Posts
Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

An assignment of anything in contracts or notes is pretty simple. You can have an assignment agreement, saying you assign your interests, but don't forget to endorse the document assigned. A contract needs an assignment, such as "setting over all rights, title and interest in and to this" instrument. An endorsement is much like an endorsement of a check, pay to the order of that named party you set the interest over unto. The document itself needs to be endorsed, not just the agreement. Such endorsements need to be filed as well. :)

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User Stats

20
Posts
2
Votes
Ray Gonzales
  • San Antonio, TX
2
Votes |
20
Posts
Ray Gonzales
  • San Antonio, TX
Replied

@raquell im sorry i didn't get it can you send it again [REMOVED]

User Stats

438
Posts
341
Votes
Chris Piper
  • Wholesaler
  • Mishawaka, IN
341
Votes |
438
Posts
Chris Piper
  • Wholesaler
  • Mishawaka, IN
Replied

@Ray Gonzales Click on the following link. Someone has the form you're looking for uploaded to BP. http://www.biggerpockets.com/files/category/contracts

User Stats

21,918
Posts
12,874
Votes
Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
12,874
Votes |
21,918
Posts
Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

Chris, I went there, looks like a guru or Realtor did that. It mixes covenants that should be described in the sale contract, not the assignment. The assignment of a contract has no effect on the contract terms. You're making disclosures in and conditions that need to be addressed in the basic sales contract, you can't do that from another agreement. What you are assigning is the sale contract as it is written, nothing more. :)