Disclaimer
The information provided is intended solely as a general example of an agreement for assigning rights in real estate transactions. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney specializing in property or contract law. Laws and regulations may vary depending on the jurisdiction, and adjustments may be required to ensure compliance with local requirements. The use of this example is the sole responsibility of the user, and we assume no liability for any errors, omissions, or consequences arising from its use without professional review.
Please note: This is a sample Wholesale Assignment Contract template for illustrative purposes only. Actual terms may differ based on specific agreements and applicable laws.
Wholesale Assignment Contract Sample
Parties Involved:
Assignor: John Doe Properties LLC
Address: 123 Main Street, Los Angeles, CA 90015
Assignee: Jane Smith Investments
Address: 456 Elm Avenue, Los Angeles, CA 90025
Property:
The property subject to this agreement is located at 789 Pine Street, Los Angeles, CA 90035, or other designated real estate as specified herein.
Assignment Terms:
The Assignor hereby assigns all rights, interests, and obligations related to the property to the Assignee, effective upon execution of this contract, subject to the terms herein.
Parties’ Responsibilities:
The Assignor warrants the property’s title is clear and free of liens, and shall cooperate to facilitate the transfer. The Assignee agrees to assume all rights and obligations upon transfer.
Governing Law:
This contract shall be governed by the laws of the State of California. Disputes shall be resolved within the jurisdiction of the Los Angeles courts.
Additional Provisions:
- The Assignor represents that they have legal authority to assign the property.
- This agreement may be amended only in writing signed by both parties.
- Both parties agree to execute necessary documents to effectuate the assignment.
Los Angeles, ______________________
John Doe (Assignor)
Jane Smith (Assignee)