a realtor represents either or both parties and has fiduciary, duty of good faith, and fair dealing to the client being represented while a wholesaler has none of those "duties," but purely to sell the rights/duties/obligations within the contract thats being conveyed for a fee/profit.

There are exempt conveyances from the DOS, such as into a Trust where the beneficial interest does not change, divorce decree orders by a court, or other liens.   

Just to clarify, the courthouses in the Midwest are not all using stone tablets or scrolls, we can search on line for filings, by name, address, dates, under liens or deed conveyances.

Another one was where a guy used a Quit Claim deed to convey Title and low and behold, once an estranged wife found out, she showed up to claim her portion (community property state) and that particular trial lasted about 2 years.

Additional Terms: Optionee:__________________________________ Date:____________________Optionor:__________________________________ Date:____________________ASSIGNMENT OF OPTION OF REAL ESTATE PURCHASE AND SALE AGREEMENTTHIS ASSIGNMENT is made this day of , by(hereinafter referred to as "Assignor") to(hereinafter referred to as "Assignee").WHEREAS, Assignor has entered into a certain Real Estate Purchase and Sale Agreement withas "Seller" and Assignor as "Buyer" which Agreement wasexecuted on , by said Assignor and said Seller for the purchase and sale ofcertain real property being, lying and situate in Parish, in the state of Louisiana, and more particularly described in said Agreement, copy of said Agreement being attached hereto; and,WHEREAS, Assignor desires to assign, transfer, sell and convey to Assignee all of Assignor's right, title and interest in, to and under said Real Estate Purchase and Sale Agreement; and,WHEREAS, Assignee is desirous of receiving all of Assignor's right, title and interest in, to and under said Real Estate Purchase and Sale Agreement;NOW, THEREFORE, for and in consideration of the sum of and other good and valuable considerations, the sufficiency of which is hereby acknowledged, Assignor has assigned, transferred, sold and conveyed and by these presents does hereby assign, transfer, sell and convey unto Assignee all of Assignor's right, title and interest in, to and under said Real Estate Purchase and Sale Agreement.

Will be conveying this to my agent. 

Seller agrees to convey clear title by a general warranty deed, free of any liens, judgements or any other encumbrances.

If you act like an owner, paying for maintenance, you have a problem if you go to court.Here are some pointers to avoid a re-characterization of a lease w option to buy being declared a "disguised installment sale"Here’s what the IRS looks for in determining whether there has been a sale:(1) Whether the amount of and right to the purchase price is fixed and unqualified;(2) Whether the obligation to convey title on final payment of the purchase price is absolute;(3) Whether the vendee has taken possession or has the legal right to possession;(4) Whether the vendee has otherwise assumed the benefits and burdens of ownership.

Ideal central location (with new Class-A all around), very nice neighborhood, good bones, easy conversion from 2/2 to 3/2 units, good rent comps, high potential rent increases through capital improvements, no title issues or liens conveying clean title and warranty deed, well-liked long term month-to-month tenants paying well-below market rents.  

Need your thoughts BP community.Has anyone being a principal or a Broker Rep experienced these demands from listing broker in order to convey your buyers offer to the seller?