I know this has come up before, and I know it can be done.
My main question is the wording.
The first paragraph is the main paragraph I use and would be the deal being assigned to me. The second paragraph is the same paragraph, but reworded slightly. Is this the way to do it?
Advice appreciated, I have a buyer lined up for this one who I will hopefully be meeting tomorrow.
Assignment 1:
The undersigned Assignor, having executed a contract between Seller_ (hereinafter referred to as “Seller”) and _Original Buyer___the original buyer (hereinafter referred to as “Assignor”) for property located at: 123 Main St. USA hereby assigns all rights to said contract to __My Entity, LLC__the New Buyer (hereinafter referred to as “Assignee”) for an amount of ___$ 4000_____which includes the purchase price and the assignment fee of the aforementioned property.
-----Particulars & Terms ------
Assignment 2:
(My Entity, LLC) , having been assigned an executed contract between Selller (hereinafter referred to as “Seller”) and Original Buyer__the original buyer (hereinafter referred to as “Original Assignor”) for property located at: 123 Main St. hereby assigns all rights to said contract to New Assignor__ _the New Buyer (hereinafter referred to as “Assignee”) for an amount of _$ 7,500.00__which includes the purchase price and the assignment fee of the aforementioned property.
----- Particulars & Terms