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Updated over 11 years ago on . Most recent reply

Account Closed
  • Bowie, MD
7
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70
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Wholesaling in MD

Account Closed
  • Bowie, MD
Posted

What counties in Maryland forbid Assignment of Contract?  ( I know you can assign contracts in Baltimore and Prince George's County)

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Guy Gimenez
  • Investor
  • Corpus Christi, TX
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Guy Gimenez
  • Investor
  • Corpus Christi, TX
Replied

@Account Closed

Just make sure you have no liability remaining once the contract is assigned...often a overlooked part of the equation.  In Texas, I can assign a contract but unless the seller signs off on the assignment or my contract specifically releases me of all liability post-assignment, I am still on the hook, albeit unwillingly.   

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