Assignment of Contract

ASSIGNMENT OF REAL ESTATE PURCHASE CONTRACT
This Assignment of Contract ("Assignment") is entered into as of [Date], by and between:
ASSIGNOR: [Your Name / Company Name], a [individual / LLC organized in State], having a principal address of [Your Address] ("Assignor")
ASSIGNEE: [Buyer's Name / Company Name], a [individual / LLC organized in State], having a principal address of [Buyer's Address] ("Assignee")
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RECITALS
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WHEREAS, Assignor entered into a Purchase and Sale Agreement dated [Original Contract Date] (the "Original Contract") with [Seller Name] ("Seller") for the purchase of certain real property located at [Property Address], [City], [State] [ZIP], legally described as: [Legal Description] (the "Property"); and
WHEREAS, the Original Contract grants Assignor the right to assign its interest therein; and
WHEREAS, Assignee desires to acquire Assignor's rights and obligations under the Original Contract.
NOW, THEREFORE, for and in consideration of the Assignment Fee described herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
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1. ASSIGNMENT
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Assignor hereby assigns, transfers, and conveys to Assignee all of Assignor's right, title, and interest in and to the Original Contract, including the right to purchase the Property on the terms and conditions set forth therein.
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2. ASSUMPTION
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[Section 2 — continued...]

[Section 3 — fill in your details...]

[Additional clauses and provisions apply...]