An Assignment of Land Contract is utilized when the original buyer under a land contract wishes to transfer their rights and obligations to a new party. This document is commonly used in the United States real estate market, particularly in situations where property is being sold through seller financing arrangements. The assignment must comply with state-specific real estate laws and typically requires proper recording with the county recorder's office. It includes details about the original land contract, the property description, the parties involved, and the terms of the assignment. This document is particularly important in states where land contracts are frequently used as alternative financing methods.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification of assignor, assignee, and original contract vendor/vendee
2. Background: Details of original land contract and reason for assignment
3. Definitions: Key terms used in the assignment agreement
4. Assignment: Core provision transferring rights and obligations
5. Consideration: Payment or value exchanged for the assignment
6. Representations and Warranties: Statements about the status of the contract and property
7. Execution: Signature blocks and notarization
1. Consent of Original Vendor: Required if original contract requires consent for assignment
2. Release of Assignor: Releases original buyer from future obligations
3. Payment Instructions: Details of how future payments should be made
1. Original Land Contract: Copy of the original land contract being assigned
2. Property Description: Legal description of the property involved
3. Payment Schedule: Updated payment terms and schedule if modified
4. Title Search Results: Current title search showing status of property
Relevant legal definitions
Agreement
Assignment
Assignor
Assignee
Original Vendor
Land Contract
Original Land Contract
Property
Effective Date
Closing Date
Purchase Price
Outstanding Balance
Assignment Price
Encumbrances
Permitted Encumbrances
Due Diligence Period
Recording Date
Payment Terms
Default
Liens
Title Documents
Governing Law
Business Day
Contract Rights
Contract Obligations
Assignment
Assignor
Assignee
Original Vendor
Land Contract
Original Land Contract
Property
Effective Date
Closing Date
Purchase Price
Outstanding Balance
Assignment Price
Encumbrances
Permitted Encumbrances
Due Diligence Period
Recording Date
Payment Terms
Default
Liens
Title Documents
Governing Law
Business Day
Contract Rights
Contract Obligations
Clauses
Assignment and Transfer
Consideration
Representations and Warranties
Property Description
Title Covenants
Payment Terms
Default and Remedies
Recording Requirements
Notice Requirements
Consent and Acknowledgment
Further Assurances
Assumption of Obligations
Release of Assignor
Vendor's Rights
Indemnification
Governing Law
Severability
Amendment
Entire Agreement
Counterparts
Survival
Due Diligence
Assignment Conditions
Property Inspection
Successors and Assigns
Consideration
Representations and Warranties
Property Description
Title Covenants
Payment Terms
Default and Remedies
Recording Requirements
Notice Requirements
Consent and Acknowledgment
Further Assurances
Assumption of Obligations
Release of Assignor
Vendor's Rights
Indemnification
Governing Law
Severability
Amendment
Entire Agreement
Counterparts
Survival
Due Diligence
Assignment Conditions
Property Inspection
Successors and Assigns
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Shared Property Ownership Agreement
A U.S.-governed agreement establishing terms and conditions for shared property ownership between multiple parties.
find out more
Simple Real Estate Rental Agreement
A basic legal agreement for residential property rental in the United States, defining terms between landlord and tenant.
find out more
Unimproved Property Listing Agreement
A U.S. legal agreement between a property owner and real estate broker for the marketing and sale of undeveloped land.
find out more
Exclusive Listing Contract
A U.S. legal agreement granting a real estate broker exclusive rights to sell or lease a property for a specified period.
find out more
Rental Listing Agreement
A U.S.-compliant legal agreement between property owners and real estate agents for listing rental properties.
find out more
Simple House Contract
A basic residential property purchase agreement compliant with U.S. real estate laws.
find out more
Joint Ownership Agreement Residential Property
A U.S. legal agreement establishing rights and responsibilities between multiple parties who jointly own residential property.
find out more
Rental Property Contract
A legally binding US agreement between landlord and tenant establishing terms for property rental, conforming to federal and state housing laws.
find out more
Exclusive Seller Listing Agreement
A U.S. real estate contract granting exclusive rights to a broker to market and sell a property for a specified period.
find out more
Standard Listing Agreement
A U.S.-compliant contract between property owner and real estate broker authorizing the marketing and sale of property.
find out more
Limited Listing Agreement
A U.S. real estate contract establishing a non-exclusive relationship between property owner and broker for the listing and sale of property.
find out more
Commercial Land Contract
A U.S. legal agreement governing the sale and purchase of commercial real estate, outlining terms, conditions, and responsibilities of involved parties.
find out more
Real Estate Middleman Contract
A U.S.-governed agreement establishing terms for real estate professionals acting as intermediaries in property transactions.
find out more
Rent To Own Property Agreement
A U.S. legal agreement combining property rental terms with a future purchase option, governed by federal and state real estate laws.
find out more
Simple Property Lease Agreement
A U.S. legal document establishing terms for temporary property rental between landlord and tenant.
find out more
Standard Lease Agreement For House Rental
A legally binding U.S. residential rental agreement that establishes terms and conditions between landlord and tenant, compliant with federal and state housing laws.
find out more
Option To Purchase Property Agreement
A U.S. legal agreement granting the exclusive right to purchase specific property at a set price within an agreed timeframe.
find out more
Non Exclusive Listing Agreement
A U.S. real estate contract allowing multiple brokers to list and sell a property while defining commission terms and service obligations.
find out more
Lease Option Agreement Property
A U.S.-governed agreement combining property lease terms with a future purchase option, establishing rights and obligations for both landlord and tenant.
find out more
Land Deed Of Agreement
A U.S. legal document that transfers property ownership from one party to another, containing essential details of the transfer and complying with federal and state property laws.
find out more
Business Listing Agreement
A U.S.-governed agreement between a business owner and broker for the listing and sale of a business.
find out more
Real Estate Easement Agreement
A U.S. legal agreement establishing rights to use another's property for specific purposes, subject to state property laws.
find out more
Sellers Agreement
A U.S.-governed contract establishing terms and conditions for the sale of goods or services between a seller and buyer.
find out more
Buyer Exclusive Agreement
A U.S. real estate contract establishing exclusive representation rights between a buyer and their chosen real estate agent/broker.
find out more
Land Co Ownership Agreement
A U.S. legal agreement establishing rights and responsibilities between multiple owners of a single property.
find out more
Simple Commercial Lease
A standardized U.S. agreement for basic commercial property leasing arrangements between landlord and tenant.
find out more
Real Estate Partnership Buyout Agreement
A U.S. legal agreement governing the purchase of a departing partner's interest in a real estate partnership by remaining partners.
find out more
Property Sale Contract Between Seller And Buyer
A U.S.-governed legal agreement documenting the terms and conditions of a property sale between buyer and seller.
find out more
Private Home Sale Contract
A legally binding U.S. agreement for the transfer of residential property between private parties.
find out more
Commercial Office Space Lease Agreement
A legally binding agreement under U.S. law that governs the rental of commercial office space between a landlord and tenant.
find out more
No Home Sale Contract
A U.S. real estate contract removing the contingency of the buyer needing to sell their existing home before purchasing a new property.
find out more
Real Estate Reservation Agreement
A U.S. legal document securing a potential buyer's right to purchase a specific property within a defined timeframe.
find out more
Property Tenancy Agreement
A U.S.-governed legal agreement between landlord and tenant establishing terms for property rental and occupancy.
find out more
Joint Sale Agreement Property
A U.S. legal agreement between multiple property owners to jointly sell their property interests, outlining terms, conditions, and profit distribution.
find out more
Simple Land Contract Purchase Agreement
A legally binding agreement used in the U.S. for the purchase and sale of real property, outlining essential terms and conditions of the land transaction.
find out more
Rent To Own Property Contract
A U.S. legal agreement combining property rental and future purchase options, with rent payments potentially contributing to the purchase price.
find out more
Real Estate Purchase Agreement With Seller Financing
A U.S. legal agreement combining property sale terms with seller-provided financing arrangements, subject to federal and state real estate laws.
find out more
Personal Property Agreement
A U.S.-governed legal document establishing ownership rights and transfer conditions for personal property, subject to state laws and the UCC.
find out more
Lease Listing Agreement
A U.S. legal agreement between property owners and real estate agents for marketing and listing rental properties.
find out more
Earnest Money Contract
A U.S. real estate contract that establishes terms for property purchase and earnest money deposit handling, governed by state and federal laws.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)