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when purchasing a pre-construction condo the buyer receives ownership of a contract a piece of paper basically this contract is called the agreement of purchase and sale the buyer can choose to sell the contract during the waiting period which can last for years until the building is completed and registered an assignment is a transaction where the original buyer of the property the assignor allows another buyer the assignee to take over the buyers rights and obligations of the agreement to purchase in sale this happens before the original buyer closes on the property whats going on guys its Nicolo patkovic here with Platinum pre-construction my team and I help many clients when buying pre-construction condos and houses if you have any questions about the pre-construction buying process if you want to sell a unit as an assignment or if youre interested in a specific Project Feel free to docHub out my contact information is located right below in the description of this video the ass
