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Notice of Assignment of Contract for Deed Illinois Form

Notice of Assignment of Contract for Deed Illinois Form

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so you've got a contract for sale and you want to assign the contract you should include of course the proper address and the proper legal description so that a future closing agent can find it when they do their deed searches identify the amount of money that is going to be paid to you whether it's going to be paid up front time you sign the assignment when the transaction closes or in some other mechanism finally if you are the wholesaler and you want to stay engaged in the transaction put verbiage in there that allows you to be engaged put verbiage in there that stipulates that if the sne fails to close that it reverts back to you that allows you to take over the transaction and close it because remember once you have assigned your contract you are out of the deal it's just the seller and your ass and E and just because you want to be involved in the deal unless you've protected yourself appropriately you can't

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