Quote:
Originally Posted by PeanutButter
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?
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Everything is based off new sale price