A legal mechanism where a buyer transfers their rights under a purchase agreement to a third party before closing. This is the core technique in wholesaling, with the assignor profiting from the difference between contract and assignment price.
Related Articles
- Medical and Dental Office Financing in Canada: Commercial Mortgage Guide
How to finance a medical or dental office purchase in Canada — specialized lender programs, owner-occupied advantages, and equipment financing.
- Private Lending as an Investment Strategy: Becoming the Bank
How Canadian real estate investors use private lending to target 8%–12% returns via mortgage positions, risk assessment, and MICs.
- Sandwich Lease Investing: A Guide for Canadians
Learn how sandwich lease real estate investing works in Canada — setup steps, cash flow mechanics, risks, and when this strategy makes sense.
- What Is a Condominium Development? A Clear Definition
A condominium development creates individually titled condo units. Learn how it differs from rentals and freeholds, who builds them, and how financing works.
← Mortgage & Real Estate Glossary 2026 · Editorial standards