Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago,
ASSIGNMENT sellers Attorney will not allow
This is my first assignment deal, when we are all set to close the deal, the sellers attorney has an issue with the words AND OR ASSIGNS in the purchase contract and would like to speak with my attorney as she thinks there could be tax ramifications.
I am in New Jersey.
Now the attorney I have hired is only to collect the deposit monies from my end buyer for assignment. Not sure if my attorney will be able to field this question from the sellers attorney.
Is there a way to make this deal happen if the sellers attorney will not let me ASSIGN.