An is a legal instrument used to transfer the rights and obligations of an existing contract from one party (the assignor ) to a third party (the assignee ). In real estate, this tool is central to "wholesaling," allowing an investor to sell their "equitable interest" in a property to a cash buyer for a profit without ever taking legal title to the home. Essential Components of the Form
To be legally effective and protective, the document must include several critical sections: Letter Assigning a Contract | Template - Rocket Lawyer UK Assignment Of Contract Form