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Assignment Of Contract For Purchase Of Real Estate
For value received, I, ____________(1)___________, of
___________(2)____________, as assignor, hereby transfer and assign to
________(3)__________ of _________(4)__________, as assignee, his heirs, legal
representatives, and assigns, all my rights and interest in that contract between
_________(5)_________ of ___________(6)________________, seller, and assignor, as
purchaser, for the sale of the following described real estate, subject to the covenants,
conditions, and payments therein contained:
[legal description]
I authorize and empower assignee, on his performance of all the
above-mentioned covenants, conditions, and payments, to demand and receive of seller the
deed covenanted to be given in the contract hereby assigned in the same manner and with
the same effect as I could have done had this assignment not been made.
Dated __________(7)________________, 19__(8)_.
___________(9)________________
ACCEPTANCE BY ASSIGNEE
I, ___________(10)______________, accept the above assignment of that
contract dated. I agree to perform all obligations to be performed by assignor under the
contract, according to the terms and conditions therein stated, and to indemnify assignor
against any liability arising from the performance or nonperformance of such obligations.
Dated ___________(11)____________, 19__(12)_.
____________(13)______________
CONSENT BY SELLER
I, __________(14)__________, the Seller named in the contract herein
assigned, consent to the assignment.
Dated _________(15)__________, 19_(16)_.
_____________(17)______________
NOTICE
The information in this document is designed to provide an outline that
you can follow when formulating business or personal plans. Due to the variances by many
local, city, county and state laws, we recommend that you seek professional legal
counseling before entering into any contract or agreement.
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