The written disclosures

These are the actual blocks this platform's document pipeline puts in front of a seller. The first four go on every assignment. The rest are added by state or by lead class — several of them carry statutory wording that has to be copied exactly, and the matrix marks those states.

On every assignment

equitable_interest

DISCLOSURE OF EQUITABLE INTEREST AND INTENT TO ASSIGN
Buyer is a real estate investor, not a licensed real estate broker acting for Seller, and is not representing Seller in this transaction. Buyer is purchasing for its own account. Upon signature Buyer will hold only an EQUITABLE INTEREST in the Property under this contract and will not hold legal title. Buyer intends to assign, and expressly reserves the right to assign, this contract to a third party for a fee before closing. That fee is Buyer's profit and is in addition to the purchase price stated below. Buyer may not be able to convey title. Seller is free to hire a real estate agent, to obtain an independent appraisal, and to consult an attorney before signing.

assignment_fee

ASSIGNMENT FEE AND BUYER'S PROFIT -- WRITTEN DISCLOSURE TO SELLER
Buyer intends to assign this contract to a third party before closing and to be paid a fee by that third party. THAT FEE IS BUYER'S PROFIT. It is in addition to the purchase price stated in this Agreement and it is not paid by Seller out of Seller's proceeds. Buyer's current intended assignment fee is ${ASSIGNMENT_FEE}. The amount actually received may differ. Buyer holds only an EQUITABLE INTEREST in the Property and may not be able to convey title. Seller may ask Buyer at any time before closing for the then-current assignment fee and Buyer will answer in writing.

marketing_rights

WHAT BUYER MAY AND MAY NOT MARKET
Buyer may offer, advertise and market BUYER'S OWN CONTRACTUAL RIGHT to purchase the Property -- that is, this contract -- to prospective assignees. Buyer is NOT Seller's agent or broker, does not list the Property, and does not market the Property on Seller's behalf or for Seller's account. Where the law of the state in which the Property sits restricts public marketing of an equitable interest, Buyer will market only privately to an established buyer list and will not publish the Property. Seller may market and sell the Property to anyone else at any time before Seller signs this Agreement, and Seller is free to engage a licensed real estate broker.

termination

TERMINATION AND WHAT HAPPENS TO SELLER'S PROPERTY RIGHTS
Buyer may terminate this Agreement for any reason, or for no reason, by written notice to Seller at any time before the end of the Inspection Period. Seller may terminate this Agreement by written notice to Buyer if Buyer fails to close on or before the Closing Date, or if Buyer fails to deposit the earnest money when due. On any termination: (1) the entire earnest money deposit is returned to the party who paid it, in full and without deduction; (2) this Agreement is void and neither party owes the other anything; (3) Buyer's equitable interest in the Property ENDS IMMEDIATELY, Buyer will immediately stop all marketing of this contract, and Buyer will sign and deliver, within three business days of written request, any release, cancellation of contract, or memorandum-release instrument Seller or a title company reasonably needs to clear title of record; (4) Buyer will not record, and has not recorded, any lien, memorandum, affidavit or notice of this Agreement against the Property, and will remove any such instrument at Buyer's own cost.

Added by state or by circumstance

ca_1695_notice

CALIFORNIA HOME EQUITY SALES CONTRACT -- NOT GENERATED BY THIS PIPELINE
This property appears to be a 1-4 unit residence occupied by the Seller with a recorded notice of default. Cal. Civ. Code 1695 et seq. requires a statutory equity-purchase contract in the language of negotiation, a conspicuous Notice of Cancellation, a five-business-day cancellation period during which no consideration or title may change hands, a bonded representative under 1695.10, and exposes the purchaser to a two-year rescission right under 1695.14 and to unconscionable-advantage liability under 1695.13. This pipeline REFUSES to generate this document. Owner/counsel must supply the statutory form.

canspam_footer

This message is an advertisement from a real estate investor. You may opt out of any further messages by replying with the word STOP or using the unsubscribe link below; we will honour it within 10 business days. Our postal address is shown above. 15 U.S.C. 7704; 16 C.F.R. Part 316.

ct_cancel_notice

CONNECTICUT SELLER CANCELLATION NOTICE (2025 Pub. Act 25-168)
You may cancel a real estate wholesale contract during the three-business-day period beginning when you enter into the contract without providing any reason or incurring any penalty or obligation, except to return any deposit the real estate wholesaler paid to you.
[NOT EMITTED BY THIS PIPELINE -- Connecticut is EXCLUDED until a DCP wholesaler registration is held. Retained here so the text is ready if the owner registers.]

due_on_sale

SUBJECT-TO / DUE-ON-SALE DISCLOSURE TO SELLER
If this transaction is structured so that Buyer takes title while Seller's existing mortgage loan remains in place ('subject to' the existing financing), Seller must understand the following. Nearly every residential mortgage contains a DUE-ON-SALE clause. Under the Garn-St Germain Act, 12 U.S.C. 1701j-3, and 12 C.F.R. Part 591, that clause is enforceable when the property is transferred. This means Seller's lender MAY, at its option, declare the entire loan balance immediately due and MAY foreclose, even if Buyer makes every payment on time. The loan will remain in SELLER'S name and on SELLER'S credit report until it is paid off or refinanced. Late payments by Buyer would damage Seller's credit and could result in foreclosure against Seller. Nothing Buyer can do removes this risk. Seller should consult an attorney before agreeing to a subject-to transaction.

md_10_715

MARYLAND WHOLESALE DISCLOSURE (Md. Code, Real Property 10-715)
TO THE OWNER, BEFORE THIS CONTRACT IS SIGNED: Buyer is a wholesale buyer and MAY ASSIGN THIS CONTRACT OF SALE TO ANOTHER PERSON for a monetary assignment fee. If Buyer assigns this contract without having given you this written notice, you may rescind the contract without penalty.
TO ANY PROSPECTIVE ASSIGNEE: Buyer holds an EQUITABLE INTEREST in the property and MAY NOT BE ABLE TO CONVEY TITLE. If this notice is not given to you, you may rescind without penalty and are entitled to a refund of any deposit you paid.

nd_43_23_24

NORTH DAKOTA WHOLESALER DISCLOSURE (N.D.C.C. 43-23-24)
The undersigned Buyer is a 'wholesaler' as N.D.C.C. 43-23-24 uses that term. Buyer discloses in writing to ALL PARTIES to this agreement that Buyer HOLDS AN EQUITABLE INTEREST in the property, MAY NOT BE ABLE TO CONVEY TITLE to the property, and INTENDS TO MAKE A PROFIT OR INCOME from the transfer of the equitable interest.

nv_645f_cancel

NEVADA FORECLOSURE-PURCHASE CANCELLATION NOTICE
You, the homeowner, may CANCEL this contract without penalty or obligation at any time before MIDNIGHT OF THE THIRD BUSINESS DAY after the day you sign it (Nev. Admin. Code 645F.690). To cancel, deliver or mail a signed, dated written notice of cancellation to the Buyer at the address stated in this contract. If you stop paying your mortgage you could lose your home and damage your credit rating (NRS 645F.400).

ok_nd_no_public_marketing

NO PUBLIC MARKETING -- INTERNAL CONTROL NOTICE (Oklahoma 59 O.S. 858-301; North Dakota 43-23-07(2); South Carolina 40-57-30(44))
In these states it is licensee activity to publicly market for sale an equitable interest in a contract for the purchase of real property, or to market the PROPERTY itself before taking legal title. Oklahoma defines 'publicly market' as ALL advertisements and marketing conducted in a public or open manner or place (59 O.S. 858-102(14)). This pipeline therefore refuses the disposition stage for these states. Assignment to an established private buyer relationship, with full written disclosure, is the only permitted path, and it requires attorney sign-off per deal.

tn_pc72_notice

TENNESSEE WHOLESALING DISCLOSURE (Tenn. Pub. Ch. 72 (2025)) -- PRINT IN BOLD, LARGE FONT
TO SELLER, BEFORE THIS CONTRACT IS EXECUTED: BUYER INTENDS TO MARKET BUYER'S EQUITABLE INTEREST IN THIS REAL PROPERTY. 'EQUITABLE INTEREST' MEANS BUYER'S RIGHT TO BENEFIT OR PROFIT FROM THE PROPERTY AFTER BUYER HAS ENTERED INTO THIS CONTRACT BUT BEFORE LEGAL TITLE HAS TRANSFERRED FROM SELLER TO BUYER. BUYER WILL GIVE SELLER WRITTEN NOTICE OF THE EFFECTIVE DATE OF ANY ASSIGNMENT AT LEAST THREE (3) BUSINESS DAYS BEFORE THAT EFFECTIVE DATE.
TO ANY SUBSEQUENT PURCHASER OR ASSIGNEE: BUYER HOLDS ONLY AN EQUITABLE INTEREST IN THE REAL PROPERTY AND DOES NOT HOLD LEGAL TITLE.

back to assignments · LegalDraft templates

Not legal advice. We are not a law firm and we do not draft documents for anyone else. A template is a starting point for a transaction you are a principal in; it is not a substitute for a lawyer licensed in the state the property sits in, and in several states the disclosure below has statutory wording that must be copied exactly. Have counsel read it before you sign.

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