Updated about 11 years ago on . Most recent reply
Contract Assignment & Contract Obligation
Example contract verbiage:
"This contract is assignable by Buyer without the written consent of Seller. Assignment does not relieve the parties from their obligations under this contract."
What needs to change here? If the only default remedy for the seller is to keep the buyer's (wholesaler's) earnest money, I don't see a problem with this verbiage.
What do you think?