Kenneth M. Block explains how carefully drafted assignment clauses in construction contracts can help project owners maintain control when ownership changes, contractors are replaced, or project ...

An assignment and delegation provision is the clause that specifies a party’s ability to assign its rights or delegate its duties under an agreement. It is a provision that is often placed in the ...

An assignment contract is a legal agreement that transfers a buyer's rights and obligations under an existing purchase contract to a new buyer, subject to the original seller's consent. In luxury new ...

Yes, in most cases — subject to the developer's approval rights — a buyer can sell or assign a pre-construction contract to a new buyer before closing. Most contracts give the developer approval ...