Updated almost 20 years ago on .
URGENT question...my mind just drew a total blank!
:help: I am filling out a contract...and assignment contract, for a property, I'm down to the part where it says
hereby assigns all rights to said contract to:
person's name
("Assignee")
in exchange for compensation in the amount of __$___________________________________.
the exchange part is where I'm drawing a blank...do I put the purchase price of the property, or would I put what I'm making off of the property here. Example, say the property is being sold for $80,000 I'm selling it for $90,000 do I put the $10,000 or the $90,000 here! I'm thinking it should be the selling price of the property...but I may be wrong, my mind is lost! :goofy: Please help!