Assignment Of Option

In the case where I'm assigning an option on a property for a fee and my buyer/assignee wants to pay half of the assignment fee now and half at closing, what method is best for this process? In the past I've required the full fee at the time of assignment. Now I'm dealing with a larger fee and would like to accomodate my buyer with this approach.

Comments(1)

  • pejames12th January, 2004

    Sounds like a plan. I would get them to sign a note..just to CYA. If it aint in black and white, it never happened!

Add Comment

Login To Comment