Assignment and Purchase Agreement

• Category: Contracts - Assignments
• State: Multi-State
• Control #: US-C-A-11102-01
• Format: Word; Rich Text

Description

An assignment of purchase agreement is a contract between an assignor and assignee where the latter transfers certain interests to the former. This type of agreement is most commonly used in real estate to transfer one party's interest buying a property to someone else. The contract includes detailed information about the property, who the parties are, and what the goal of the agreement is. It also lays out specific terms and conditions that govern the relationship between the two parties. The purpose of the assignment of purchase agreement is to successfully transfer rights from one party to another while ensuring the agreement remains mutually beneficial.