Answer:-
Assignment sales offer opportunities to buy or sell property contracts before completion. Sellers transfer their rights and obligations to buyers, who usually pay an assignment fee. It's a chance for sellers to profit without holding the property, while buyers may secure a desirable asset at a lower price. However, complexities like developer consent and market fluctuations require careful consideration. Legal and financial aspects demand attention to ensure a smooth transaction. Understanding the process and associated risks is crucial for both parties to make informed decisions in the dynamic real estate market.
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