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real estate contract a real estate contract is a contract between parties for the purchase and sale exchange or other conveyance of real estate the sale of land is governed by the laws and practices of the jurisdiction in which the land is located english contract law english contract law is a body of law regulating contracts in england and wales with its roots in the lex mercatoria and the activism of the judiciary during the industrial revolution it shares a heritage with countries across the monwealth such as australia canada india and to a lesser extent the united states understanding the wholesale real estate contract key takeaways it has never been more important for investors to have a strong understanding of the wholesale real estate contract wholesale contracts are the foundation of today’s wholesale deals and can make or break the entire process understanding the real estate assignment contract key takeaways the traditional real estate assignment contract strategy will have investors sell their rights to a home they don’t actually sell the property itself
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