Professional Assignments & Contract Flips
Assignment transactions—also known as contract flips or wholesaling—allow you to transfer your rights in a purchase contract to another buyer. Our experienced team provides the legal framework to structure these deals properly and protect your interests.
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What is a Real Estate Assignment?
A real estate assignment occurs when a buyer under contract (the assignor) transfers their rights and obligations to purchase a property to another party (the assignee) in exchange for an assignment fee. The assignee then closes on the property with the original seller. This strategy is commonly used by real estate investors and wholesalers to profit from property deals without actually purchasing and reselling the property themselves.
Our Assignment Services
We represent both assignors (original buyers) and assignees (end buyers) in real estate assignment transactions throughout Rockland County and the Hudson Valley. Our comprehensive services protect your interests from contract review through successful closing.
- Assignment contract drafting and review
- Due diligence and title examination
- Assignment fee nePurchase agreement analysisgotiation
- Assignment fee negotiation
- Closing coordination with all parties
- Compliance with lender and title company requirements
Critical Success Factors
Contract Assignability
Not all real estate contracts can be assigned. We review purchase agreements to confirm assignment rights and ensure compliance with contract terms.
Legal Compliance
Assignment transactions must comply with New York real estate law, anti-flipping regulations, and lender requirements to avoid deal collapse.
Profit Protection
Proper assignment structuring protects your fee, ensures timely payment, and minimizes risk of disputes with buyers or sellers.
For Assignors (Wholesalers)
If you’re assigning your contract rights to another buyer, we help you:
- Verify the original contract permits assignment
- Draft assignment agreements that protect your fee
- Navigate seller and lender approval requirements
- Structure payment terms to ensure timely fee collection
- Coordinate with title company for proper fund disbursement
- Address legal and compliance issues before they derail deals
Our goal is to maximize your assignment fee while minimizing legal risk and ensuring smooth transaction execution from contract to closing.
For Assignees (End Buyers)
If you’re stepping into an assigned contract, we protect your interests by:
- Reviewing assignment terms and fee reasonableness
- Examining the underlying purchase contract and obligations
- Conducting comprehensive title and property due diligence
- Ensuring you're not inheriting hidden liabilities or problems
- Verifying lender approval for assignment structure
- Negotiating favorable terms and protecting your deposit
We ensure you fully understand what you’re buying, what you’re paying for it (including assignment fees), and that the transaction closes smoothly with clear title.
Why Choose Us?
Local Expertise:
Deep knowledge of Monsey, Rockland County, and Hudson Valley legal landscape
Comprehensive Services:
One trusted attorney for real estate, business, and estate planning.
Client‑Focused Approach:
Clear communication, personalized strategies, and results you can rely on.
Get in Touch
Schedule a free consultation to discuss your legal needs
Phone
Location
1609 U.S. 202 suite 6a, Pomona, NY 10970, USA
Hours
09:00 am – 05:00 pm
Sat-Sun Closed