The "Risk-Free" Trade That Bankrupts Traders: Box Spreads Explained

I’ve been saying for YEARS that you don’t ‘close’ an assignment or pay commissions until FINAL closing with the builder as per the standard OREA schedule A provision. This case now confirms why: A buyer paid $389,010 to take over a pre-construction purchase. The builder canceled the project. The buyer demanded a refund. The court said no. Why? Because added terms redefined when the deal was considered “complete.” Assignment sales carry real risk. Know exactly what you’re signing. 📍 Ricky Rathor