Vested Title To Be Determined vs And/Or Assigns

[Erik Stark]

Lately we have been doing an exceptional amount of assignments and on some of these land deals we are receiving rather large assignment fee's. I am a large fan of using the verbiage "Vested Title to Be Determined Prior To Closing" vs the oh so unprofessionally looked at and or assigns, especially with higher end real estate. I would like to know what creative ways people are assigning properties with or without disclosure, keeping it fully legal. We typically just "vest" our title into our buyers name and they put the marketing fee on the buyers side HUD (seller never sees this at closing until the package is reviewed later, if ever). Lately we have been closing in our name, with our buyers funds and then warranty deeding it over to the buyer in exchange for our fee.

I would like to hear other creative ways of assigning your rights on these deals and making it simple for everyone involved. There are many variables on this topic so lets dig deep.