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Notice of Assignment of Contract for Deed Alabama Form

Notice of Assignment of Contract for Deed Alabama Form

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what's up guys Tony Mya here I want to go over a couple more terms with you guys PA we say PA a lot in this office that's our purchase agreement usually with the seller we say assignments a lot in this office that's our assignment contract with the buyer so our purchase agreement with the seller is assignable but you need an assignment contract in order to assign the rights of that purchase agreement over to your buyer so we get two contracts signed one is a purchase agreement with the seller one is an assignment contract with the buyer and they close on it it's one transaction the buyer pays both sides the closing costs and we get our assignment fee which is the difference between what we have the purchase agreement with with the seller and what we've assigned it to the buyer for so if we have a property locked up for a hundred thousand dollars with the seller and we have an assignment contract with the buyer at a hundred and twenty five thousan

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