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For Wholesalers

Assignment of Contract Closings in Florida

Assign your purchase contract to an end buyer, collect your fee at closing, and let us handle the rest — title, disclosure, escrow, and recording.

☎ (561) 396-2692
The Cleanest Wholesale Structure

One Closing, Three Parties, Zero Doc-Stamp Double-Up

An assignment of contract is the cleanest wholesale exit in Florida. The wholesaler ties up a property under contract, finds an end buyer willing to take that contract, and assigns their position for a fee. The end buyer closes directly with the original seller — only one deed transfers, only one set of Florida documentary stamps is owed, and the wholesaler walks away with the assignment fee at closing.

Atlantic Title Firm has structured AOC closings across all 67 Florida counties for years. We know what documentation a Florida title underwriter expects, what most cash buyers' attorneys will require, and what end-buyer lenders will and will not accept on the closing disclosure.

1
Deed Transferred
1
Set of Doc Stamps
67
FL Counties
48hr
Title Search Turnaround
Florida assignment of contract paperwork
What We Handle

Everything Your AOC Deal Needs

Contract & Assignability Review

We read the original purchase contract to confirm it permits assignment, identify any consent or notice requirements, and flag any prohibitions before you market the deal.

AOC Document Preparation

We prepare or review the assignment of contract document — naming the assignor, the assignee, the assignment fee, payment terms, and any release language — ready for execution.

Escrow of Assignment Fee

We hold any non-refundable assignment deposit in escrow, and disburse the full assignment fee from closing proceeds — protecting both wholesaler and assignee until close.

Full Title Search

A complete title search going back through the chain of title, identifying liens, judgments, and HOA arrears that must clear before the assignee can close.

Disclosure & Communication

We handle all three-party communication — original seller, wholesaler, assignee — and prepare a settlement statement that properly discloses the assignment fee to any end-buyer lender.

Recording & Title Insurance

After signing, we record the deed with the county clerk, issue the owner's and lender's title insurance policies to the assignee, and wire the assignment fee same-day.

Assignment vs. Double Close

When to Assign vs. When to Double Close

Both structures get you paid as a wholesaler. The right choice depends on the contract, the parties, and the spread.

Assignment of contract works when the original contract permits assignment, when full disclosure of the fee is acceptable, and when you want to save on closing costs (one set of doc stamps, one recording fee, one title premium).

A simultaneous close is the better tool when the contract bans assignment, when the original seller cannot know the resale price, or when the end-buyer's lender requires the seller of record to actually hold title. We do both — and we will tell you straight which one fits your deal.

Florida wholesaler comparing assignment to double closing
Our Process

How Your Assignment Closing Works

1

Open the File

Send us the original contract, AOC, and assignee info. We verify assignability and open the title order same business day.

2

Title Search & Cure

We run a full title search, clear liens and HOA arrears, and prepare the title commitment for the assignee.

3

Prepare Closing Package

We draft the deed, settlement statement (showing your assignment fee), and any required lender forms.

4

Close & Get Paid

Assignee signs and funds, deed records with the county, your assignment fee is wired to you the same day.

Common Questions

Assignment of Contract FAQ

What is an assignment of contract in Florida real estate?
An assignment of contract (AOC) is a legal transfer of a buyer's rights and obligations under a real estate purchase contract to a third party — the assignee — in exchange for a fee. The wholesaler (assignor) gets in under contract with the seller, then assigns the contract to an end buyer (assignee), who closes directly with the original seller. The wholesaler never takes title.
Is assignment of contract legal in Florida?
Yes. Florida law generally allows real estate contracts to be assigned unless the contract itself prohibits assignment. Standard Florida FAR/BAR and FloridaRealtors purchase contracts contain assignability provisions; many REO, HUD, and bank-owned contracts specifically prohibit assignment. Always check the contract language before marketing an assignment.
How is the wholesaler's assignment fee paid?
The assignment fee is typically paid at closing through escrow. Atlantic Title Firm collects the full purchase amount from the end buyer, pays the original seller per the contract, and disburses the assignment fee to the wholesaler — all reflected transparently on the settlement statement. The fee can also be paid up front by the assignee as a deposit if both parties agree.
Do I need to disclose the assignment fee to the seller?
Disclosure rules depend on the contract and the lender. If the end buyer is using financing, most lenders require the assignment fee and AOC to appear on the closing disclosure, which means the seller will see the spread. Cash transactions can sometimes structure the fee separately. We always recommend full disclosure to avoid any later allegation of fraud.
What documents are needed for an AOC closing in Florida?
A typical Florida assignment closing requires: (1) the original purchase contract between seller and wholesaler, (2) the executed assignment of contract document naming the assignee and the assignment fee, (3) the assignee's proof of funds or loan approval, and (4) any addenda. Atlantic Title Firm reviews all four before clearing the file to close.
How quickly can Atlantic Title Firm close an assignment throughout Florida?
Cash assignment closings in all 67 Florida counties can typically close in 7–14 days from contract execution, depending on title condition and assignee due diligence. Financed assignments follow the lender's timeline — usually 21–35 days.
Related Investor Services

Build Your Florida Wholesale Practice

Running multiple deals? Ask us about volume pricing for investors closing five or more transactions per year. Need a non-assignable contract closed? See simultaneous closings. Walking through the full wholesale lifecycle? Read our end-to-end wholesaler process guide or contact our investor desk.

Ready to Assign?

Send Us the Contract Today

Email us your original purchase contract and we will confirm assignability within one business day. We will open the file and run title the moment you have an assignee.

Contact Us → ☎ (561) 396-2692
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