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1. Parties: Identification of assignor, assignee, and original contract vendor/vendee
2. Background: Details of original land contract and reason for assignment
3. Definitions: Key terms used in the assignment agreement
4. Assignment: Core provision transferring rights and obligations
5. Consideration: Payment or value exchanged for the assignment
6. Representations and Warranties: Statements about the status of the contract and property
7. Execution: Signature blocks and notarization
1. Consent of Original Vendor: Required if original contract requires consent for assignment
2. Release of Assignor: Releases original buyer from future obligations
3. Payment Instructions: Details of how future payments should be made
1. Original Land Contract: Copy of the original land contract being assigned
2. Property Description: Legal description of the property involved
3. Payment Schedule: Updated payment terms and schedule if modified
4. Title Search Results: Current title search showing status of property
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