Contracts
Under Massachusetts law, an 'assignment' of a purchase contract by the buyer to a third party:
AIs always permitted in real estate transactions
BRequires the seller's consent unless the contract specifically permits assignment✓ Correct
CAutomatically terminates the original buyer's obligations
DCan only be done with the broker's approval
Explanation
Real estate purchase contracts are generally not freely assignable without the seller's consent. Most P&S agreements prohibit or restrict assignment. If the buyer assigns without consent, it may constitute a breach.
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