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Equity purchase and or assign

Posted by gc on September 07, 2006 at 9:22 PM

I am a litle confused. I was resarching on this forum's past articles about assigning a purchase contract with someone in default to another investor(also known as wholesaling)and came to the conclusion that per the law, it can not be done. However I noticed that the EPA has the words: "and or assigned". Why would those words be there if you can't use it? Is there an instance where you can use it?


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