Contract Assignment Addendum

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Contract Assignment Addendum

STANDARD CONTRACT ASSIGNMENT ADDENDUM

This is an addendum made on the 22nd of November, 20?? for the real estate sale of

123 Rocky rd. Moneytown, VA 55512 Legal description L1 & L2 Mandy Manor Blk 15 by and between Haskins Family Trust the assignor, and Investor Buyer, the assignee. Assignor agrees to assign his rights to purchase the attached Contract to Assignor, for a fee of $5,000 payable as follows:

Assignee agrees to pay a $1000 non-refundable credit that will count towards this addendum, $1,000 due at signing leaving a balance of $4,000 payable on or before 5pm December 4th, 20??. Assignee shall close original contract on or before December 4th, 20??. The original earnest money deposit shall be refunded to Assignor at closing. If Assignee doesn’t close original purchase contract or pay remaining balance by December 4th, 20?? this addendum and the option for Assignee to purchase shall be expired and all deposits shall be forfeited. Assignee shall abide by all of the terms agreed to under the language of the attached Contract. $1,000 Credit is refundable only if title is not clear and conveyable. If all names that appear in this addendum do not sign it on or before 5pm December __,

20??, this addendum becomes void...Signed below…

Haskins Family Trust (assignor)______Date:______Bill Smith, Trustee

Investor Buyer (assignee)______Date:______757-555-1234 123 Easy Rd. Anytown, VA 23221

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