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TXR 1943 — Commercial Contract Assignment of Buyer's Interest

This two-page form enables the buyer (assignor) under a commercial contract to assign their entire interest in the contract to a new party (assignee). For consideration of $10.00 and other valuable consideration, the assignor transfers all rights, interests, and obligations including the earnest mon

Source: TXR
Form Number: 1943
Category: Other
Revised: April 1, 2014

Used For

Commercial Sales

Form Outline

The TXR 1943 form is organized into the following sections:

  1. Assignor, Assignee, Seller, and Property Identification
    Identifies the assignor, assignee with contact details, seller, property, and the type of underlying commercial contract (improved or unimproved).
  2. Assignment Terms and Consideration
    Transfers the assignor's entire interest in the commercial contract to the assignee for $10.00 and other consideration, including the earnest money deposit. The assignee assumes all contract obligations.
  3. Special Provisions
    Open section for additional terms or conditions related to the assignment.
  4. Assignment Effective Date
    Establishes when the assignment takes effect.
  5. Assignor and Assignee Signatures
    Signature blocks for assignor and assignee with space for multiple entity signers including signature, printed name, title, and date.
  6. Seller's Consent to Assignment
    Seller's written consent to the assignment, with signature blocks accommodating multiple entity signers.

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