Re: Assignment Contracts vs. Flipping Properties - Posted by Nate
Posted by Nate on February 20, 2001 at 15:45:20:
if you are assigning a contract which states that, once you make the assignment, the assignee (your buyer) is responsible for performance, you do not need a lawyer or even to go near the closing table. it’s out of your hands.
Who is “they” who has a policy? The seller/buyer never HAS to have an attorney present. It might be recommended, but it is not required by law. You and I could agree to sell property in your kitchen, draw up the agreement, and sign it right there without an attorney even knowing about it. And it would be valid.