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get down welcome back to the North Carolina real estate show Im your host Tiffany Weber I am an attorney at Thomas and Weber in Mooresville North Carolina and Im joined today by another attorney at our office Aaron weatherman hello everyone so assignment that is when someone other than the party that was contracted with is going to perform under the contract that could be by our seller although its much more common with the buyer and a lot of times thats like okay uh say its a buyer who identified wholesalers do this a lot a buyer who identified a property for a good price but then theyre going to turn around and sell it at a higher price to the end buyer well they have they do that by assigning the contract to the new buyer and the contract says that it cannot be assigned without the written consent of all the parties except if theres a tax deferred exchange thats because an exchange or needs to be in involved well talk about that in a second but in all other scenarios writt
