Assignment of Contract For Purchase of Real Estate Business Form

This form is a sample permission to sublet rental lease agreement form. A landlord can give his legal permission for a tenant to sublet their apartment or rental property to another party.

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Assignment of Contract For Purchase of Real Estate Business Form

Assignment of Contract For Purchase of Real Estate Business Form

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)______________

PLEASE NOTE:

The free legal forms and information displayed in this document is designed to provide you with an example that you can follow when creating your own business legal documents. As you know, local county, city and state laws vary. Therefore, it is recommend that you seek the professional legal counsel (from an attorney) before you enter into any legal binding contract or agreement. Hoover Web Design is not responsible for any liability that comes from the use of this free legal form.

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