Florida Real Estate Novation Agreements
A Florida novation can replace the original contract buyer with an end buyer—but only when the parties clearly consent to the substitution and release
A Florida novation can replace the original contract buyer with an end buyer—but only when the parties clearly consent to the substitution and release
Florida investors can profit by assigning purchase-contract rights, but the contract, marketing, disclosures, deposit, and conduct must support the transaction. Learn where an assignment ends and potential unlicensed brokerage begins.