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Updated over 6 years ago on . Most recent reply
![Carlyn Dodson's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1120185/1695783857-avatar-carlynd2.jpg?twic=v1/output=image/cover=128x128&v=2)
Assignment fee paid outside of closing?
Anyone wholesaling in Colorado, can you tell me what you know? I was recently asked if an assignment fee can be paid outside of a closing, where as the contract assignment would show assignment fee of $0, but a separate contract between wholesaler and buyer existed on the side labeled a "finder's fee". What's the law on that? and is there a benefit to the buyer tax-wise if it is legal? I don't know anyone who has done a deal this way, and was caught off guard when asked.
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![Antoine Martel's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/865196/1705170329-avatar-antoinemartel.jpg?twic=v1/output=image/crop=1643x1643@305x13/cover=128x128&v=2)
I wouldn't do this. I would tie your assignment fee to the deal and make sure it is paid at closing.
I think that if you try to go around that then it just opens up many doors for people to screw you over and not pay you that assignment fee.