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Updated over 6 years ago on .

Erica Wilson's profile image
Erica Wilson's profile image
Erica Wilson
  • Member since Aug 22, 2019

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Erica Wilson's profile image
Erica Wilson's profile image
Erica Wilson
  • Member since Aug 22, 2019
Erica Wilson
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Starting Out

Assignment of Contract

Erica Wilson
Posted

So I'm working to close my first deal. I have a property under contract. I have an interested buyer. I also have a JV partner that I will split the assignment fee 50/50. My partner brought the buyer to the deal. Who will furnish the assignment of contract agreement? Me or the new buyer? Will the assignment of contract amount be for the full purchase prices of the home or simply for my fee? Does my fee go in the attorneys escrow account?

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