Assignment of Pre-Sale Properties: The Basic Mechanics

Have you had a client ask you about buying a Pre-sale Assignment and you agreed – without knowing that it’s substantially different than a residential Contract of Purchase and Sale?   

What if a client asked you to list one?   

This half-day course will give you an overview of what is involved in a pre-sale assignment, discuss whether you are able to help your client, and provide the key points on selling or buying a pre-sale assignment.  

 Learning objectives:  

• Assess whether a client is able to sell or buy an assignment 
• Review the key areas of an MLS® Listing Contract for an assignment 
• Review the key areas of the Assignment CPS for New Developments 
• Understand the risks involved in the assignment of pre-sales 

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