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Updated over 6 years ago,

User Stats

11
Posts
4
Votes
Crystal Oneill
  • Fishers, IN
4
Votes |
11
Posts

Real Estate Contract "Prohibition" Line Item Question

Crystal Oneill
  • Fishers, IN
Posted

Hello!  I am filling out my first Purchase Contract for a house I plan to wholesale.  I can understand the items in the contract at a high level, except for one.  Can someone help me in just one or 2 sentences understand this line item in the Purchase Contract?  . 

  1. PROHIBITION:This agreement establishes a prohibition against transfer, conveyance

    or encumbrance to Property

Thank you!

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