The Assignability of Contracts
By EsqSocial Corporation 08/04/21
There are many situations, both in real estate transactions and in non-real estate transactions, when a party to a contract wishes to transfer, or assign, its contractual rights to somebody else. Assignments are commonplace in commercial leases, when a tenant wishes to sell its business and assign its rights as a tenant to its buyer. Or, on the other side, when a landlord sells its property and assigns its rights as landlord to its buyer. They are also commonplace in sales contracts, when the...
By: Jaburg Wilk