Assignment closings
- How it usually works: an original buyer assigns their rights under a purchase agreement to an end buyer.
- What Lime Title does: opens title, reviews the file, collects closing information, prepares settlement figures, and coordinates communication between the parties.
- What can affect the file: contract language, assignment terms, lender requirements, disclosure expectations, seller information, end buyer details, and title conditions.
- What to send early: the signed purchase agreement, assignment agreement, seller contact information, end buyer contact information, lender information if financed, and any payoff or municipal information already available.
- Important note: we review the structure and documentation, but we do not promise that every assignment structure can be closed exactly as submitted.


