Assignment service
A condo assignment happens when a buyer sells their pre-built condo before moving in, due to reasons like changed plans or financial issues. It’s important to check the developer’s rules on such sales, as they vary, and some don’t allow them. The process involves legal paperwork, naming the seller as ‘assignor’ and the buyer as ‘assignee’, with fees typically between $0.00 to $15,000. We make sure to negotiate the assignment rights and fees when we buy the parecon unit at first place. We also specialize is in selling assignment units which requires extensive knowledge and experience and collaboration between lawyers on all 3 sides Builder, Assignor and Assignee.