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Novation Agreement vs Assignment Contract for Wholesaling Explained (Structure Your Deal)

1,748 views

Clint Coons: Real Estate Asset Protection

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

93%
  • 8:53 / 9:29

Speech Rate:

  • 201 wpm - Fast

Category:

  • Education

Tags :

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

between

/bəˈtwēn/

between
adverb preposition

in space separating things. In the space that separates two objects.

portfolio

/pôrtˈfōlēˌō/

portfolio
adjective noun

denoting employment pattern involving succession of jobs. large flat case for drawings etc..

contract
contract
noun verb

Legal agreement, e.g. for doing work for money. To reduce in size, length due to heat loss.

investor

/inˈvestər/

investor
noun

Person who spends money to help businesses grow.

ultimately

/ˈəltəmətlē/

ultimately
adverb

Done or considered as the final and most important.

working

/ˈwərkiNG/

working
adjective noun verb

Doing your job. action of doing work. To make an effort to do something.

essentially

/əˈsen(t)SHəlē/

essentially
adverb

Basically; (said when stating the basic facts).

initial

/iˈniSHəl/

initial
adjective noun verb

Existing or occurring at the beginning. First letter of your given name. authorize document by signing with initials.

assignment

/əˈsīnmənt/

assignment
noun

Task you are given to do (as in the armed forces).

mechanics

/məˈkaniks/

mechanics
noun other

science of motion. Branch of physics concerned with motion of bodies.

convert
convert
noun verb

person who has changed faith or belief. cause to change in form.

novation

/nōˈvāSHən/

novation
noun

Replacement of one obligation by another by mutual agreement of both parties; usually the replacement of one of the original parties to a contract with the consent of the remaining party.

putting

/po͝ot/

putting
verb

place in particular position.

certain

/ˈsərtn/

certain
adjective pronoun

Referring to an unspecified amount or quantity. some.

agreement

/əˈɡrēmənt/

agreement
noun

similarity of opinion.

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