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Updated almost 9 years ago on . Most recent reply

Brandon Connell's profile image
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Brandon Connell
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  • from Galesburg, IL
  • Member since Nov 1, 2015
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Brandon Connell's profile image
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Brandon Connell
  • Investor
  • from Galesburg, IL
  • Member since Nov 1, 2015
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Brandon Connell
  • Investor
  • Galesburg, IL
25
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90
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Wholesaling

Backing out of assignment as ASSIGNOR

Brandon Connell
  • Investor
  • Galesburg, IL
Posted

Does anyone have a formal letter for backing out of an assignment as the ASSIGNOR in the event that the ASSIGNEE breaches? For example, if your assignment requires that they open escrow with a title agency and deposit assignment fee within 48 hours and they fail to do so.

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Chris Boyd's profile image
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Chris Boyd
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  • from Fort Lauderdale, FL
  • Member since Jan 3, 2016
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Chris Boyd
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  • from Fort Lauderdale, FL
  • Member since Jan 3, 2016
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Chris Boyd
  • Realtor
  • Fort Lauderdale, FL
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Chris Boyd
  • Realtor
  • Fort Lauderdale, FL
Replied

Good question!  We do not have one, but I'm sure it wouldn't be too difficult to draft one up.

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