In this informative video, Miami-based real estate agent and creator of allioo.com, Anthony Johnson, discusses the concept of assignability in 'as is' real estate contracts in Florida. He explains the three options present in the assignability clause: complete assignability with release, assignable with the buyer remaining responsible, and non-assignability. Johnson highlights the potential implications and risks of each option and advises sellers to scrutinize contracts carefully. He further stresses the importance of hiring a real estate lawyer for professional legal advice as real estate agents are not authorized to function as lawyers. The video aims to demystify contract assignability and help viewers make informed decisions in their real estate transactions.

00:00 Introduction to Assignability in Real Estate Contracts00:20 Understanding the Assignability Clause in 'As Is' Contracts00:56 Why Would a Buyer Assign a Contract?01:33 The Risks of Contract Assignability for Sellers02:16 Choosing the Right Assignability Option03:07 The Importance of Legal Advice in Real Estate Contracts03:28 Conclusion and Invitation for Engagement

Article: https://www.allioo.com/post/understanding-assignability-in-the-florida-as-is-sale-and-purchase-contract

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