Assignment of Real Estate Purchase
and Sale Agreement Form
Exercise Extreme Caution when using many of our free forms - or any legal material. While they may provide general ideas on format & content, validity requirements can and do vary greatly from state to state. Many MUST be Properly Modified for your own location and circumstances. (Hint: If in doubt it's usually safer to include unneeded clauses than to leave out necessary ones. . . . but it's even safer to consult a competent source or use current, state specific ones like ours mentioned below.) Also, we urge people (and lawyers too) to read our Relying On Legal Info FAQ
ASSIGNMENT OF REAL ESTATE PURCHASE AND SALE AGREEMENT THIS ASSIGNMENT is made this _____ day of __________, 20___ by __________ ("Assignor") to __________ ("Assignee"). W I T N E S S E T H : WHEREAS, Assignor has entered into a certain Real Estate Purchase and Sale Agreement with __________ as "Seller" and Assignor as "Buyer" which Agreement was executed on __________, by said Assignor and on __________, by said Seller for the purchase and sale of certain real property being, lying and situate in _____County, __________, and more particularly described in said Agreement, copy of said Agreement being attached hereto as Exhibit "A"; and, WHEREAS, Assignor desires to assign, transfer, sell and convey to Assignee all of Assignor's right, title and interest in, to and under said Real Estate Purchase and Sale Agreement; and, WHEREAS, Assignee is desirous of receiving all of Assignor's right, title andinterest in, to and under said Real Estate Purchase and Sale Agreement;NOW, THEREFORE, for and in consideration of the sum of _________ Dollars ($___.00) and other good and valuable considerations, the receipt and sufficiency ofwhich are hereby acknowledged, Assignor has assigned, transferred, sold and conveyed and by these presents does hereby assign, transfer, sell and convey unto Assignee all of Assignor's right, title and interest in, to and under said Real Estate Purchase and Sale Agreement. Assignee hereby assumes all of Assignor's duties and obligations under said Real Estate Purchase and Sale Agreement. This Assignment shall be binding upon Assignor and shall inure to the benefit of Assignee and its successors, heirs and assigns. IN WITNESS WHEREOF this Assignment has been signed, sealed and delivered by Assignor and Assignee as of the day and year first above written. Witnesses: "Assignor" __________ "Assignee" __________
Need a Lawyer? Check Out The 'Lectric Law Library's Searchable Attorney Directory
& our Searchable Expert Witness Directory
* IMPORTANT *
A primary purpose of the Library has always been to provide no-cost legal information to anyone who wants or needs it. However, It's Vital that You Understand that most of our Forms are ONLY General, Generic Examples of possible formats & contents. Legal Requirements for various Real Estate Contracts and related documents Can and Do Vary Greatly from State to State and can Change Often. To be Valid - and Not Create More Problems than it Solves - it MUST be Properly Drafted and Modified to fit Your Specific Location and Circumstances!
For Up-To-Date Forms Covering Just About Every State & Situation plus Summaries of
Relevant Laws We STRONGLY SUGGEST You Check Out:
(This should open a new window. Close it when you're done and you'll be back here.)
We've lots of related material, so wander around & explore places like our
Business Law and Landlord-Tenant & Real Estate Topic Areas and the Layperson's Lounge
Our Main Forms Room
Our Central Hub, Directory and Index
Dozens of Topic Areas & Our Law Lexicon
[Last Revised 3/02]
