Posts Tagged "Globe and Mail article"

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Shadow Flipping Explained

Posted By on Feb 14, 2016

What is shadow flipping?  This is a term that has been used to describe the legitimate practice of assigning a contract. According to the Real Estate Council of British Columbia Professional Standards Manual: “Licensees, from time to time, will be involved in situations where buyers wish to assign their rights in a Contract of Purchase and Sale to other parties…The general rule, in the absence of wording in the contract to the...

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