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An Assignment is a legal sales transaction whereby the Original
Purchaser (the "Assignor") of a property sells or transfers their
rights and obligations under the original contract to a new
Purchaser (the "Assignee"). Basically, the seller is not selling
their property but the contract or rights to purchase their condo or
apartment upon completion of the project.
If you're looking to purchase an assignment property there are a few
websites where these types of properties can be found. The best one
on the internet is BuildingDigger.com, an assignment listing
directory.
www.BuildingDigger.com lists all of the new construction
buildings in Greater Vancouver. Anyone can list their Assignment
property for free. Also, find floor plans, building completion
dates, presales, video, pictures and more.
* Visit our
New
Development page and request a list of Assignments in your area.
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