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Assignment of Contract

The document assigns a real estate contract between a seller and assignor to an assignee. The assignee agrees to pay an assignment fee before closing and apply a non-refundable deposit towards the fee. The assignment fee is refundable if the seller does not perform on the original contract or clear title cannot be obtained. The assignee must close on the original contract by a specified date, with time being of the essence.

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Travis
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193 views

Assignment of Contract

The document assigns a real estate contract between a seller and assignor to an assignee. The assignee agrees to pay an assignment fee before closing and apply a non-refundable deposit towards the fee. The assignment fee is refundable if the seller does not perform on the original contract or clear title cannot be obtained. The assignee must close on the original contract by a specified date, with time being of the essence.

Uploaded by

Travis
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Assignment of Contract

__________________(Assignor)_ Assign’s to ___________________(Assignee)_ the contract

on (address) ___________________________________between _____________(Seller)_ and

_____________________(Assignor)_ dated _________________________.

The contract is being assigned for the sum of _________________ to be paid before

closing. Non-refundable deposit to be applied towards the assignment fee by

Assignee shall be _____________.

Assignment fee is 100% refundable to Assignee should seller not perform on

original Contract to Purchase Real Estate and or should clear title not be obtainable.

Assignee shall close on original Contract to Purchase Real Estate on or before

____________________. Time is of the Essence.

Total Sales Price including Contract & Assignment is $_____ plus closing cost.

Assignor__________________________ Date_____________

Assignee__________________________ Date_____________

Assignee__________________________ Date_____________

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