What is a key factor in determining if an assignment is valid?

Study for the San Francisco Housing Portal Contractor Agreement Exam. Engage with flashcards and multiple-choice questions, each question has hints and explanations. Prepare for your certification!

A key factor in determining the validity of an assignment in the context of the San Francisco Housing Portal Contractor Agreement is the requirement for written approval from the City. This stipulation ensures that any assignment of contract rights or obligations is formally recognized and sanctioned by the city authorities, maintaining oversight and compliance with contractual obligations and regulations. By requiring such approval, the City can assess whether the new party to whom the contract is assigned meets the necessary qualifications and standards established in the original agreement. This process helps to uphold the integrity of the contracting system and confirms that all parties involved are legally recognized within the framework of the contract.

The financial stability of the contractor, their prior experience, and the reputation of the original contractor, while they may hold some relevance in different contexts, do not directly address the legal validity of the assignment itself. They are more about the qualifications or characteristics of the parties rather than the procedural requirement that the assignment be approved in writing by the City.

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