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In this video, the presenter addresses a common query regarding how to handle an assignment in real estate, specifically focused on pre-construction condos, though the principles apply to freehold and commercial properties as well. He emphasizes that he will detail the assignment process using actual forms, explaining each line step-by-step. Although he shares his perspective that assignments may not be advisable for tax reasons, he refrains from discussing this in detail in the current video. The presenter plans to illustrate the process with his own recent purchase, which is nearing occupancy, signaling the approach to securing a mortgage.
