Assignment of Contract Attorney in Tennessee

Assignment-of-contract work covers the legal mechanics of transferring a buyer's rights under a purchase agreement to a third party for a fee. The work includes reviewing the original contract for assignability, drafting the assignment agreement, and structuring the assignment-fee payment so the original seller, the assignor, and the assignee all understand who pays whom and when.

Where the original contract has an anti-assignment clause or requires seller consent, the engagement addresses the practical path — consent negotiation, contract restructuring, or alternative deal structures.

Real-estate wholesalers running an assignment-based investment model. Investors assigning a contract because deal terms have changed. Buyers selling their position to a third party at a profit before closing.

Tennessee real-estate purchase contracts are generally assignable absent contract language to the contrary. The Tennessee legislature now regulates wholesaling-disclosure obligations, and marketing another's real estate for compensation can still trigger unlicensed-brokerage risk under Tenn. Code Ann. §§ 62-13-102, 62-13-110, and 66-4-401–403; see also Tenn. Comp. R. & Regs. 1260-02-.12.

The safer approach is to disclose the assignment intent in writing and to market only the contract or equitable interest — not the underlying real property — unless the assignor is properly licensed. The engagement keeps the assignor's role clear and flags the licensing question before the assignment closes.

Flat-fee drafting for standard assignment-of-contract agreements. Capped pricing for review of an existing draft. Turnaround typically two to three business days; rush available when a closing date is in play.

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