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Novation Agreement vs Assignment Contract for Wholesaling Explained (Structure Your Deal)

1,748 views

Intro:

Video Vocabulary

/bəˈtwēn/

adverb preposition

in space separating things. In the space that separates two objects.

/pôrtˈfōlēˌō/

adjective noun

denoting employment pattern involving succession of jobs. List of work submitted to a teacher/for approval.

noun verb

Legal agreement, e.g. for doing work for money. To make an agreement for doing work for money.

/inˈvestər/

noun

person or organization that puts money into financial schemes, property, etc. with expectation of achieving profit.

/ˈəltəmətlē/

adverb

Done or considered as the final and most important.

/ˈwərkiNG/

adjective noun verb

having paid employment. action of doing work. To make an effort to do something.

/əˈsen(t)SHəlē/

adverb

used to emphasize basic, fundamental, or intrinsic nature of person or thing.

/iˈniSHəl/

adjective noun verb

existing at beginning. First letter of your given name. authorize document by signing with initials.

/əˈsīnmənt/

noun

allocated task.

/məˈkaniks/

noun other

science of motion. Branch of physics concerned with motion of bodies.

noun verb

person who has changed faith or belief. To change form, character, or function to another.

/nōˈvāSHən/

noun

Replacement of one obligation by another by mutual agreement of both parties; usually the replacement of one of the original parties to a contract with the consent of the remaining party.

/po͝ot/

verb

To write or say something in a certain manner.

/ˈsərtn/

adjective pronoun

Definite, fixed. some.

/əˈɡrēmənt/

noun

similarity of opinion.

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