What's the difference between a novation agreement vs. assignment of contracts for wholesaling? Clint Coons, Esq. will explain the difference between the two which will ultimately help you make a decision.
Those more familiar with the real estate market are aware of the practice of wholesaling, but where does that term fall into this discussion?
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"You're going to have a clause in there that states…" 6:05
Novation agreement…
Assignment of contracts…
Wholesale…
What is the right term need?
Download sample Novation Clauses for Contracts Here!
drive.google.com/drive/folder...
A lot of terms are being thrown around here, but thanks to Clint Coons, Esq., you don't have to worry about getting a grasp of things quickly. In this brief video, you can expect to learn the basics need to know in order to find your success.
So kick back and let the knowledge flow into your mind like water in a calm river. Just a few quick moments can equal you up to new opportunities that will expand the world you know.
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Show Notes:
0:00 Intro
1:55 Example
3:42 Problems with assignments
5:48 Difference between novation and assignment
7:40 Why to consider a novation clause
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ABOUT CLINT COONS
Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#NovationAgreement #AssignmentContract #Wholesaling
Негізгі бет STOP Wholesaling - Until You Learn How To Use A Novation Agreement
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