Wholesaling
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago,
*Assignment Contract* What NEEDS to written
Hey guys! Thank you for those who took the time to reply back to my question that I asked the other day I really appreciate that. I do have another question for this newb. When it comes to assigment contracts is there anything on the legal side that needs to be said besides the clause of "and/ or assignee" showing the contract will be given to another party the end buyer. I know that it is also wise to put in the contract that the property will be purchased in "as-is" condition by the end buyer. Im in the state of Arizona and I know that every state varies. I was also told that the "assignment fee" has to be visible for both the seller and buyer to see. So besides those few items is there anything else on the legal side that NEEDS to be written on the contract for to be valid and legal binding? Thank you so much for your time and have a great day!
Elliot