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Updated almost 10 years ago on . Most recent reply

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4
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Demani Akinnagbe
  • Flipper/Rehabber
  • Norfolk, Va
0
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4
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Real estate wholesaling

Demani Akinnagbe
  • Flipper/Rehabber
  • Norfolk, Va
Posted
In Maryland state does the motivated seller have to a written statement giving me permission to assign the agreement? I went to law depot online and one of the clauses specifically said "assignability" and it states: " The buyer may not assign this agreement without the seller's written consent. This agreement is binding on the respective heirs, executors, administrators, successors,personal representatives, and assigns, as the case may be, of the seller and buyer"

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Account Closed#1 BiggerPockets Exclusive PRO Area Contributor
  • Professional Auctioneer
  • Baltimore, MD
1,470
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Account Closed#1 BiggerPockets Exclusive PRO Area Contributor
  • Professional Auctioneer
  • Baltimore, MD
Replied

An interesting thing about contracts is THAT ALL CONTRACTS ARE ASSIGNABLE UNLESS STATED OTHERWISE. 

There may be an argument here about this.......but true.

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