Agreement to Assign
Contract for Sale and Purchase
This agreement is made between __________________________ (ASSIGNOR) and ________________________________ (ASSIGNEE)
regarding the purchase of the referenced SUBJECT PROPERTY below.
Subject Property: ____________________________________________________________
Legal Description: ____________________________________________________________
Whereas ______________________________________________ (BUYER) has entered into a Purchase and Sales Agreement with
____________________________________ (SELLER) for the purchase of SUBJECT PROPERTY, and whereas BUYER wishes to assign
its rights, interests and obligations in the Purchase and Sales Agreement, it is hereby agreed between the ASSIGNOR and ASSIGNEE as
follows:
Buyer/Assignor hereby assigns all rights, excluding all earnest money deposits to said contract for sale and purchase, to
_____________________________ (Assignee) in exchange for compensation in the amount of ________________________
dollars ($).
1. Buyer/Assignor will collect a Non-refundable deposit directed towards the assignment fee of (___________) within 48 Hours of
signing this agreement and the balance of $__________________ due at closing. If the deposit is NOT made within 48 Hours of
signing this “Agreement To Assign” Contract Will Be Invalid.
2. ASSIGNEE accepts all terms and conditions of the contract for Sale and Purchase between BUYER and SELLER in
its entirety.
3. ASSIGNEE acknowledges receipt of legible copies of the original Contract for Sale and Purchase in its entirety, including all
Addendum(s) associated with this transaction.
4. Additional terms and conditions of this Assignment are as follows:
A) This assignment contract is non-assignable without the express written consent of the ASSIGNOR. No changes to the Purchase
Contract can be made without the written consent of BUYER.
B) Disclosures and Acknowledgement: Seller sells property as-is with no warranty of property conditions. Assignor makes no
representation to buyer, or his agents, as to the condition of the subject property. ASSIGNEE acknowledges and agrees that he
or she is purchasing the property on an “as-is” basis and based on his or her own inspection, investigation, and evaluation
thereof. ASSIGNEE is not relying upon any representations of ASSIGNOR, SELLER or SELLER’S agent(s) to investigate and
report on the condition of the property.
C) ASSIGNOR, SELLER does not warrant that the property meets any current City, County, State or Federal building codes, as well
as the presence of any and all outstanding or pending violations against the property. ASSIGNEE assumes all responsibility to
perform any inspection, investigation, and evaluation thereof, prior to the signing of this Agreement.
AGREED AND ACCEPTED
______________________________ _______________________________
Assignee Date Assignor Date
______________________________ ________________________________
Print Name Print
Nam e
