Assignments of Contracts of Purchase and Sale
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Assignments of Contracts of Purchase and Sale

3 PDP Credits – 1/2 day

Assigning a Contract of Purchase and Sale involves all the risks associated with any Contract of Purchase and Sale, compounded by the additional risks of an assignment. Licensees advising assignors and assignees must understand the unique challenges of practicing in this area to best protect the interests of their clients and themselves.

This course addresses the amended Assignment of Contract of Purchase and Sale.

By the end of this course, the learner will be able to:

  • draft contracts of purchase and sale to prohibit, restrict or allow assignment on specified conditions;
  • use the newly-amended Assignment Agreement;
  • structure assignments to address client needs;
  • address complicating factors such as deposit protection insurance; and
  • draft an Assignment Agreement to allocate and minimize the risks to the parties involved.

Instructors:

Contact your local member board for course availability and registration.