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Assignment Contract - 4318 Clybourne Ave Cleveland, OH 44109.pdf
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| Property | 4318 Clybourne Ave, Cleveland, OH 44109 |
|---|---|
| Folder | Deed & Title |
| Kind | |
| Updated | 2022-01-19 |
| Dropbox path | 10 - Deed & Title/Assignment Contract - 4318 Clybourne Ave Cleveland, OH 44109.pdf |
What This File Appears To Be
Assignment of Contract Agreement In consideration of the sum of $217,500 (Assignment Purchase Price), (Assignor) hereby assigns and otherwise transfers to Lofty Holding Clybourne Avenue LLC(Assignee) all rights, title, and interest held by Assignor in and to the contract described as follows: Antoine Martel August 19th Antoine Martel Contract dated , 20 21 , between Hernell Dyer and and concerning the property 4318 Clybourne Ave, Cleveland, OH 44109 located at . Assignor warrants and represents
Text Preview
Assignment of Contract Agreement In consideration of the sum of $217,500 (Assignment Purchase Price), (Assignor) hereby assigns and otherwise transfers to Lofty Holding Clybourne Avenue LLC(Assignee) all rights, title, and interest held by Assignor in and to the contract described as follows: Antoine Martel August 19th Antoine Martel Contract dated , 20 21 , between Hernell Dyer and and concerning the property 4318 Clybourne Ave, Cleveland, OH 44109 located at . Assignor warrants and represents that said contract is in full force and effect and is fully assignable. Assignor further warrants that it has the full right and authority to transfer said contract and that contract rights herein transferred are free of lien, encumbrance or adverse claim. Said contract has not been modified and remains on the terms contained therein. Assignee hereby assumes and agrees to perform all remaining obligations of Assignor under the contract and agrees to indemnify and hold Assignor harmless from any claim or demand resulting from non-performance by Assignee. Assignee shall be entitled to all monies remaining to be paid under the contract, which rights are also assigned hereunder. The assignment fee shall be paid at the time of closing to assignor in the form of cash, official check or wire transfer, and recorded on the hud-1 settlement statement. Closing shall take place no later than AUGUST 31ST . $1,000 Assignee has given a non-refundable deposit of $ to be held TITLECO TITLE COMPANY in escrow at . If Assignee fails to submit a non-refundable deposit within 24 hours of signing the contract, the Assignor has the right, but no obligation, to revoke this agreement. This Assignment shall become effective as of the date last executed and shall be binding upon and inure to the benefit of the parties, their successors and assigns. If buyer does not perform by aforementioned closing date, contract is automatically nullified unless otherwise specified in writing by RocketOffr. RocketOffr hereby reserves the right to retrieve the EMD with a unilateral cancellation of contract in the event that the assignee does not perform under the terms of the assignment agreement. Aug 19 2021 21:30 PDT Assignor Date Aug 20 2021 09:08 PDT Assignee Date