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An assignment (in real estate term) is a sale of a contract or right to acquire the property.
It’s a transaction whereby the original purchaser (the “Assignor”) of a property sells, and thereby transfers, their interest, and obligations under the original contract to a new purchaser (the “Assignee”).
The Assignee assumes all of the Assignor’s duties and obligations under the original Agreement of Purchase and Sale, as stated in the original Agreement.
Upon completion, the Assignee is granted the title to the real property and will incur all final closing costs.
List Your Metrotown Assignment
If you have purchased a presale and want to sell it before completion day
We are helping people selling and buying assignment in Metrotown. As an assignor (selling your assignment), you only pay only when it is sold to an assignee.
Contact us for more information regarding our marketing strategy and assignment network. We will explain to you how this work.
Buy An Metrotown Assignment
If you want to find pre-development condos or townhouse
A buyer can buy a presales condos in the following timeline of sales:
1. Presales stage (Before construction)
2. Buy Assignment from another buyers who purchased in presales stage (During Construction or Right before Completion)
3. Around Completion period (from developers or buyers)
4. From MLS (Multiple Listing Services)
We provide a platform to allow buyers (Assignor) to sell the presale (in step 2) they purchased, but the Assignor may want to sell them before completion date for various reason. The Assignor can transfer the right of assignment to another buyer (Assignee) providing the consent from the developer. We can help and work out with you for solution. And as a buyer, your cost for us to assist you is $0, and we will guide you through the whole process and assist you in the process.
Tell us your requirement below, we may have exclusive listing from original buyers to match or we have various channel to access exclusive listing and assignment that may match your criteria.