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Old 07-22-2023, 12:36 AM   #27092
6thGear.
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Quote:
Originally Posted by PeanutButter View Post
Does anyone know what it means when a developer says there's a 2% assignment fee for a pre-construction.

Is that 2% on the original purchase price or is it on the new sales price?

For Example, you buy a pre-sale condo for $100,000 and you want to sell it for $200,000.

Do you have to pay the developer $2,000 or $4,000?
Everything is based off new sale price
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