We have an accepted offer to purchase a brownstone. However, the owner of the building has contracted to sell the building to a third party, and that third party has marketed the deal to us, agreed an offer price (higher than where they will buy from the owner), and is assigning that contract to us. The middleman is now trying to shop our deal for a higher offer. We are interested in working directly with the owner, but, it appears that the owner is legally locked into dealing only with the middleman, even though they have not closed yet, because they have signed a contract with the middleman. Any suggestions on how to proceed or knowledge of whether this is legal?<\/p>\n","protected":false},"excerpt":{"rendered":"
We have an accepted offer to purchase a brownstone. However, the owner of the building has contracted to sell the building to a third party, and that third party has marketed the deal to us, agreed an offer price (higher than where they will buy from the owner), and is assigning that contract to us….<\/p>\n","protected":false},"author":5442,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"schneps_byline":"","schneps_post_style":"","schneps_post_source":"","schneps_syndicated_read_more":"","schneps_post_source_sitename":"","schneps_syndicated_thumb_html":"","schneps_syndicated_thumb_src":"","schneps_post_source_shortname":"","schneps_post_source_url":"","schneps_post_source_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[],"tags":[],"districts":[],"class_list":["post-35583","post","type-post","status-publish","format-standard","hentry"],"acf":[],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/brownstoner.com\/forum-archive\/2009\/08\/assignment-of-c\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Assignment of contract for sale","url":"http:\/\/www.brownstoner.com\/forum-archive\/2009\/08\/assignment-of-c\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.brownstoner.com\/forum-archive\/2009\/08\/assignment-of-c\/"},"thumbnailUrl":"","image":{"@type":"ImageObject","url":""},"articleSection":"Brokers","author":[{"@type":"Person","name":"iwannabrownstone"}],"creator":["iwannabrownstone"],"publisher":{"@type":"Organization","name":"Forum Archive","logo":""},"keywords":[],"dateCreated":"2009-08-28T18:57:00Z","datePublished":"2009-08-28T18:57:00Z","dateModified":"2009-09-01T13:28:29Z"},"rendered":"