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Understanding the controlled business agreement and moving forward with the help from online forms
The availability of Assignment of Contract/Interest and Controlled Business over the internet platforms has made it very easy to avail it. The users can now deal with these issues without having to pay money to lawyers and notaries or handling heavy law books to understand the complexities involved in the subject. The availability of the online printable forms is being used by a number of services in order to ensure a cost effective method. It saves time and also makes it easier for the users to understand and grab the complexity of the situation. It can be easily downloaded and printed and made available for use. All that is required is the sign, dates and stamps which is imperative to make it an exclusive document for the particular business use.
What the agreement is all about
When a particular property is at sale and the investors make purchase price references, assignment fess and closing costs is when the Assignment of Contract/Interest and Controlled Business is required. Since it is much more complex and requires an in depth analysis of all the agreements and policies made, it is necessary to ensure that the rules and underlying guidelines are properly stated and there is no discrepancies with regards to the agreement and the reality of the situation.
The need to be careful and analyze the best platform
Thus when you are availing the services from online platforms, it is to be made sure that the site provides authentic details that are in conformity to legal rules. All that is necessary is to make sure that that form outlines exactly what is required by you.
Investors Rehab, Inc.
4341 Charlotte Hwy. Suite 211
Lake Wylie, SC 29710
803-831-0056 (Phone)
803-831-0805 (Fax)Assignment of Contract/Interest and Controlled Business Disclosure and Hold Harmless
Investors Rehab, Inc. (Assignor) hereby assigns, transfers, sells the Contract / Interest, whether written or verbal in the property located at______________________________________________________in the city of_____________________, State of__________to______________________________________(assignee). The assignment fee of $_____________ is to be paid from proceeds at closing. Investors Rehab, Inc. has negotiated a purchase price on the above referenced property of $___________which is an as is/where is price with no warranties or guarantees. Adding the assignment fee of $______, the assignees total purchase price is $______________________plus any inspection, repairs, due diligence, and/or closing cost. In addition to the assignment fee, the assignee shall reimburse assignor the deposit amount of $____________________which has already been paid by assignor. This assignment is made with no warranties, guarantees, or claims to condition of property, size, title, or present or future value of property and it is assignees responsibility to perform their own due diligence before closing. This assignment shall survive the closing.
The undersigned assignee acting personally and for their representatives, affiliates and or organization if any each hereby agrees to defend, indemnify, and hold harmless Investors Rehab, Inc, Financial Help Services, Inc, and any parent or affiliate and all shareholders, employees, officers and directors from and against any and all claims, demands, suits, actions, damages, judgments, cost, charges and expenses including, without limitation, court cost and attorneys fees, of any nature whatsoever that any such assignee and or their affiliate, representative or organization may suffer, sustain or incur resulting from, arising out of or in any way connected with any action taken by, or inaction on the part of, any assignee or their affiliate, representative or organization in connection with this transaction.
If financial services are provided by Financial Help Services, Inc. a conflict of interest exists. An officer and shareholder of Financial Help Services, Inc. is also an officer of Investors Rehab, Inc. The assignee may seek alternate sources for financial services if desired.
The undersigned agrees that they have the full authority to execute this document personally and for any organization they represent or will represent. By signing you agree that you have read, understand and have the full power and authority to enter into this legal agreement. If you do not understand this document please seek legal council prior to signing. The undersigned acknowledges receipt of a copy of this document.
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Witness Assignor for Investors Rehab, Inc. Date
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Witness Assignee Date
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Witness Assignee Date